OptimumBank Updates Bylaws, Aligns Series B Preferred Stock Terms

Reuters
Oct 02, 2025
OptimumBank Updates Bylaws, Aligns Series B Preferred Stock Terms

OptimumBank Holdings Inc. has amended its articles of incorporation, effective October 1, 2025, to revise the terms of its Series B preferred stock. The changes align the Series B preferred stock with the terms of the company's Series C preferred stock and provide for the inclusion of Series B shares in diluted common share counts and related financial disclosures.

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