Broadway Financial Corporation Announces Delay in Filing Q1 2025 Financial Report

Reuters
16 May
Broadway Financial Corporation Announces Delay in Filing Q1 2025 Financial Report

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.

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