---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-018235"
form_type: "8-K"
ticker: "OPHC"
cik: "0001288855"
company_name: "OptimumBank Holdings, Inc."
filed_at: "2021-08-02T23:59:59+00:00"
generated_at: "2026-06-29T23:49:05.169424+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OptimumBank completes exchange offer, retires all remaining TruPS with 689,572 shares

## Summary
- Issued 689,572 common shares at $3.00/share to retire $2,068,716 of Trust Preferred Securities (TruPS).
- All remaining TruPS acquired; trust to be terminated, increasing stockholders' equity.
- Entities controlled by directors Chan Heng Fai Ambrose (282,377 shares) and Michael Blisko (207,550 shares) participated.
- Company raised over $19.5M in equity since FY2020, including $5M in Q2 2021 common stock sale.
- Transaction expected to enhance capital structure and support regulatory compliance.

## SEC filing metadata
- accession: 0001493152-21-018235
- form_type: 8-K
- ticker: OPHC
- cik: 0001288855
- company_name: OptimumBank Holdings, Inc.
- filed_at: 2021-08-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288855/000149315221018235/0001493152-21-018235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288855/000149315221018235/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-018235
- JSON: https://secwatch.observer/filing/0001493152-21-018235.json
- Plain text: https://secwatch.observer/filing/0001493152-21-018235.txt

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