NYCB shareholders approve 2B authorized shares, reverse split 1:3, waive 10% voting cap for Liberty/Reverence

FLAGSTAR BANK, NATIONAL ASSOCIATION

Authorized common shares increased from 900M to 2B; total stock authority raised to 2.005B shares.
1-for-3 reverse stock split approved; Board may implement within one year.
10% voting cap waived for Liberty 77 Capital and Reverence Capital affiliates.
Share issuance related to March 2024 capital raise approved; no cash-settled warrants required.
Series B preferred dividends cease; Series C converts to common; outstanding shares now 1.05B.

item 5.02 item 5.07 item 5.03 item 7.01 item 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.