---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-021114"
form_type: "8-K"
ticker: "BYFC"
cik: "0001001171"
company_name: "BROADWAY FINANCIAL CORP \\DE\\"
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T02:18:27.468037+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-25-021114
- form_type: 8-K
- ticker: BYFC
- cik: 0001001171
- company_name: BROADWAY FINANCIAL CORP \DE\
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001171/000114036125021114/0001140361-25-021114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001171/000114036125021114/ef20050067_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-021114
- JSON: https://secwatch.observer/filing/0001140361-25-021114.json
- Plain text: https://secwatch.observer/filing/0001140361-25-021114.txt

## Key facts
- Listing & Compliance Notices
  BROADWAY FINANCIAL CORP \DE\ received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: late filing
  - Rules: 5250(c)(1)
  source text: May 28, 2025, Broadway Financial Corporation (the “Company”) received written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the periodic financial reporting requirements set forth in Nasdaq Listing Rule 5250(c)(1) (“Rule 5250(c)(1)”) for continued listing on The Nasdaq Capital Market because its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 (the “Form 10-Q”) was not filed within the time period prescribed by the Securities and Exchange Commission rules. The Notice has no immediate effect on the l
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001171/000114036125021114/0001140361-25-021114-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.