secwatch.observer — SEC 8-K summary
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Issuer:     BROADWAY FINANCIAL CORP \DE\ (BYFC)
CIK:        0001001171
Form:       8-K
Filed at:   2023-11-22T23:59:59+00:00
Accession:  0001140361-23-054390
Event type: regulatory
Sentiment:  negative
Materiality: 0.55
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadway Financial receives Nasdaq notice for late Q3 10-Q filing; bid price compliance regained
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- Nasdaq notified Broadway Financial on Nov 16, 2023 of non-compliance with Rule 5250(c)(1) for delayed filing of Q3 2023 Form 10-Q.
- Company has 60 days to submit a compliance plan; Nasdaq may grant up to 180-day extension from the original 10-Q due date.
- Delay due to ongoing evaluation of effectiveness of disclosure controls and procedures by CEO and CFO.
- On Nov 15, 2023, Nasdaq confirmed company regained compliance with minimum $1.00 bid price requirement, closing prior notice.
- No immediate impact on Nasdaq Capital Market listing; company intends to file Form 10-Q as soon as reasonably practical.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001171/000114036123054390/0001140361-23-054390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001171/000114036123054390/ef20015137_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-054390

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