---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-020862"
form_type: "8-K/A"
ticker: "BMNM"
cik: "0001275477"
company_name: "BIMINI CAPITAL MANAGEMENT, INC."
filed_at: "2026-06-17T12:45:12+00:00"
generated_at: "2026-06-17T12:50:11.405719+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bimini Capital provides TJIM acquisition financials: purchase price $12.3M, pro forma net income $4.3M

## Summary
- TJIM 2025 revenue $6.16M, net income $1.67M, members' equity $608K at Dec 31, 2025.
- Bimini sold $72.5M MBS and redeemed $69.9M repurchase agreements to fund the acquisition.
- Preliminary purchase price allocation: $8.7M client relationships, $1M tradename, $3.8M goodwill.
- Pro forma combined 2025 net income attributable to Bimini $4.3M vs Bimini historical $5.8M.
- Noncontrolling interest of $3.08M reflects 20% retained by TJIM's President.

## SEC filing metadata
- accession: 0001437749-26-020862
- form_type: 8-K/A
- ticker: BMNM
- cik: 0001275477
- company_name: BIMINI CAPITAL MANAGEMENT, INC.
- filed_at: 2026-06-17T12:45:12+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275477/000143774926020862/0001437749-26-020862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275477/000143774926020862/bcmi20260522_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-020862
- JSON: https://secwatch.observer/filing/0001437749-26-020862.json
- Plain text: https://secwatch.observer/filing/0001437749-26-020862.txt

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