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    Broadway Financial Corporation filed SEC Form 8-K: Leadership Update

    6/12/25 5:00:48 PM ET
    $BYFC
    Savings Institutions
    Finance
    Get the next $BYFC alert in real time by email
    false0001001171NASDAQ00010011712025-06-022025-06-02

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 8-K
    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): June 2, 2025

    BROADWAY FINANCIAL CORPORATION
    (Exact name of registrant as specified in its charter)

    Delaware
    001-39043
    95-4547287
    (State or other jurisdiction of incorporation)
    (Commission File Number)
    (IRS Employer Identification No.)

    4601 Wilshire Boulevard, Suite 150, Los Angeles, CA
     
    90010
       (Address of principal executive offices)
     
    (Zip Code)

    Registrant’s telephone number, including area code: (323) 634-1700

    NOT APPLICABLE
    (Former name or former address, if changed since last report)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

      ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

    Title of each class
     
    Trading symbol(s)
     
    Name of each exchange on which
    registered
    Class A Common Stock, par value $0.01 per share (including attached preferred stock purchase rights)
     
    BYFC
     
    Nasdaq Capital Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company   ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.            ☐



    Item 5.02
    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

    On June 2, 2025, William A. Longbrake, a member of the Board of Directors (the “Board”) of Broadway Financial Corporation (the “Company”) (NASDAQ: BYFC), notified the Board that he is resigning as a director of the Company at the Company’s 2025 Annual Meeting of Stockholders on June 30, 2025. The decision of Dr. Longbrake’s resignation was not the result of any disagreement between the Company and Dr. Longbrake on any matter relating to the Company’s operations, policies, or practices.


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


    BROADWAY FINANCIAL CORPORATION



    Date: June 12, 2025
    By:
    /s/ Zack Ibrahim


    Zack Ibrahim


    Executive Vice President and


    Chief Financial Officer
     


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