secwatch.observer — SEC 8-K summary
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Issuer:     OptimumBank Holdings, Inc. (OPHC)
CIK:        0001288855
Form:       8-K/A
Filed at:   2021-08-18T23:59:59+00:00
Accession:  0001493152-21-020482
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

OptimumBank Holdings raises ~$2.1M via private placements of common stock
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- Issued 262,417 shares in June 2021: 23,529 at $4.25, rest at $4.50 per share to four accredited investors.
- Issued additional 205,823 shares in July 2021 at $4.50 to four accredited investors; director Martin Schmidt bought 5,323 shares.
- Proceeds used to maintain OptimumBank's regulatory capital and fund business expansion and lending.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288855/000149315221020482/0001493152-21-020482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288855/000149315221020482/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-020482

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer