Broadway Financial Corporation has announced a delay in filing its Quarterly Report on Form 10-Q for the financial period ended March 31, 2025. The company cites the need for additional time to determine the value of a Securities Purchase Option Agreement related to its Series C Preferred Stock as the reason for the delay. This notification was signed by Executive Vice President and Chief Financial Officer, Zack Ibrahim, on May 15, 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.