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OptimumBank Secures $35 Million in New Funding

PUBLIC · OPHCAug 19, 20261 day ago

Amount Raised

$35 Million

Round Type

Debt Financing

Financial ServicesFinanceFintechLendingBanking

Investors

Qualified Institutional BuyersInstitutional Accredited Investors

Description

On August 19, 2026, OptimumBank Holdings, Inc. entered into a Subordinated Note Purchase Agreement with accredited investors. The company sold and issued $35 million in aggregate principal amount of its 7.50% Fixed-to-Floating Rate Subordinated Notes due 2036. The proceeds will be used for general corporate purposes

Company Information

Company

OptimumBank Holdings

About

OptimumBank Holdings, Inc. is a financial services company based in Florida. It operates through its banking subsidiary offering various financial products and services. The company is focused on delivering exceptional customer service and improving financial performance. It is listed on the NYSE American under the trading symbol OPHC.

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