Business Context and Reporting Period
This Form 8-K Current Report was filed by Broadway Financial Corporation on June 16, 2021. The filing addresses corporate governance matters regarding the scheduling of the Company's 2021 Annual Meeting of Stockholders.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a notification of a corporate event and does not contain financial performance data.
Material Changes
The Board of Directors established October 20, 2021, as the date for the 2021 Annual Meeting. This represents a change of more than 60 days from the anniversary of the 2020 Annual Meeting (held on June 24, 2020). Consequently, the previous deadlines for stockholder proposals and director nominations are no longer effective.
Guidance, Outlook, and Deadlines
Management has set new deadlines for stockholder actions related to the 2021 Annual Meeting:
- Director Nominations and Non-Rule 14a-8 Proposals: Must be received by 5:00 p.m. Pacific Time on July 22, 2021.
- Rule 14a-8 Proposals: Must be received by August 18, 2021 to be eligible for inclusion in the proxy materials.
Additional details regarding the time, location, and specific matters to be voted on will be published in the definitive proxy statement.
Key Facts for Investors
- The 2021 Annual Meeting date has been moved to October 20, 2021.
- Stockholders must adhere to new, earlier deadlines for submitting proposals and director nominations.
- Submissions must be addressed to the Corporate Secretary at the Company's principal executive offices in Los Angeles, CA.
- No financial results or operational updates are included in this specific filing.