Business Context and Reporting Period
This Form 8-K Current Report was filed by OptimumBank Holdings, Inc. on November 10, 2017, covering an event that occurred on October 24, 2017. The registrant is a Florida corporation headquartered in Fort Lauderdale, Florida.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes rather than financial performance.
Material Changes
The primary material change reported is the appointment of a new executive officer. Effective October 24, 2017, David L. Edgar was appointed as Chief Financial Officer of OptimumBank, the wholly-owned subsidiary bank of OptimumBank Holdings, Inc.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items. The document is limited to the disclosure of the officer appointment under Item 5.02.
Key Facts for Investor Verification
- David L. Edgar assumed the role of Chief Financial Officer for the subsidiary bank, OptimumBank, on October 24, 2017.
- The appointment was reported by Timothy Terry, the Principal Executive Officer, on November 13, 2017.
- No financial data or strategic outlook was included in this specific filing.