secwatch.observer — SEC 8-K summary
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Issuer:     OptimumBank Holdings, Inc. (OPHC)
CIK:        0001288855
Form:       8-K
Filed at:   2021-08-02T23:59:59+00:00
Accession:  0001493152-21-018327
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

OptimumBank Holdings raises $2.1M via private placement of 467,740 shares at $4.50
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- Issued 467,740 shares at $4.50/share to seven accredited investors for aggregate proceeds of $2,104,830.
- Director Martin Schmidt purchased 5,323 shares under the company's equity incentive plan.
- Net proceeds will be contributed to OptimumBank to maintain regulatory capital and fund loan growth and expansion.
- Shares were sold in a private placement exempt from registration under Section 4(a)(2) of the Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288855/000149315221018327/0001493152-21-018327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288855/000149315221018327/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-018327

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