OptimumBank Holdings Completes Capital Structure Modernization to Support Growth

OptimumBank Holdings, Inc. (NYSE American: OPHC) has completed a comprehensive modernization of its capital structure, a strategic initiative undertaken with its largest institutional and insider stakeholders to establish a more transparent and streamlined equity framework as the company prepares for its next phase of asset growth. The year-end update highlighted increased long-term economic alignment by AllianceBernstein through preferred equity conversions structured to comply with regulatory ownership limits, along with amendments to simplify the Company’s Series B Preferred Stock, improve disclosure clarity, and enhance comparability in diluted share and earnings-per-share reporting.

This capital structure modernization positions OptimumBank to support continued growth beyond its current $1.1 billion asset base. The initiative represents a significant step in the company's strategic planning, creating a more efficient equity framework that aligns with regulatory requirements while providing greater transparency for investors. The changes to the Series B Preferred Stock and reporting methodologies are designed to improve financial clarity and make the company's performance metrics more comparable within the banking industry.

The collaboration with AllianceBernstein and other key stakeholders demonstrates institutional confidence in OptimumBank's growth trajectory and strategic direction. By structuring the preferred equity conversions to comply with regulatory ownership limits, the company has maintained regulatory compliance while strengthening its capital foundation. This modernization effort comes at a critical time as community banks navigate evolving market conditions and regulatory landscapes, with OptimumBank positioning itself for sustainable expansion.

The enhanced reporting capabilities resulting from these changes will provide investors with clearer insights into the company's financial performance and growth metrics. The improved diluted share and earnings-per-share reporting methodologies will facilitate more accurate comparisons with peer institutions and better reflect the company's economic performance. These developments are particularly important for a community bank holding company seeking to attract and retain investor confidence while pursuing strategic growth objectives in a competitive financial services environment.

For investors seeking additional information about OptimumBank Holdings, the latest news and updates relating to OPHC are available in the company’s newsroom at https://nnw.fm/OPHC. The successful completion of this capital structure modernization represents a milestone in OptimumBank's evolution as it builds upon its foundation as a service-oriented community bank founded in 2000 in Ft. Lauderdale, Florida, and continues to support economic development through responsible banking practices and community partnerships.