Broadway Financial receives Nasdaq delisting notice for late Q1 10-Q filing

BROADWAY FINANCIAL CORP \DE\

Nasdaq notified Broadway on May 28, 2025, for non-compliance with Listing Rule 5250(c)(1) due to late Form 10-Q.
Company has 60 days to submit a compliance plan; if accepted, up to 180 days (until Nov 17, 2025) to file.
Delay caused by valuation of Securities Purchase Option Agreement for Series C Preferred Stock under ECIP program.
No immediate impact on trading; company expects to file Form 10-Q before the 60-day plan deadline.
Independent auditor Crowe LLP requires additional time for review procedures on disclosure controls.

item 3.01item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.