OptimumBank Holdings, Inc. Announces Capital Structure Enhancements Reflecting Strong Institutional and Insider Alignment

OptimumBank Holdings, Inc. (NYSE American: OPHC) revealed a comprehensive update to its capital structure as part of a year‑end strategic initiative designed to support future growth and enhance investor transparency. The modernization effort was completed with coordinated actions by the company’s largest institutional and insider shareholders, forming a clearer and more efficient equity foundation for OptimumBank as it moves beyond a $1.1 billion asset mark. A key component of the initiative was the deepening of AllianceBernstein’s long‑term alignment with the bank. Over the past two years, the global asset manager increased its economic exposure through open‑market purchases, direct equity investments, and a recent conversion of 350,000 common shares into preferred shares, allowing it to maintain regulatory compliance while supporting long‑term growth. OptimumBank also simplified its preferred stock structure by amending and restating its Series B Preferred Stock into a single unified series with modernized conversion mechanics. This change improves consistency, reduces complexity, and enhances transparency in financial reporting by including Series B in diluted common share and diluted earnings‑per‑share calculations. The effort received approval from Series B preferred holders, including Chairman Moishe Gubin and Director Michael Blisko. Company leadership noted that these changes are aimed at strengthening governance balance, simplifying the capital framework, and positioning the bank for disciplined execution of its growth strategy. #OptimumBank #CapitalStructure #InstitutionalAlignment #FinancialTransparency #SlimScan #GrowthStocks #CANSLIM