Broadway financial corporation announces additional commitments in private placement of common stock

Los angeles--(business wire)--broadway financial corporation (“broadway”) (nasdaq: byfc) today announced the execution of additional stock purchase agreements with institutional and accredited investors to raise an additional $20.2 million, adding to the three previous stock purchase agreements announced on november 25, 2020. together with the previously announced capital commitments, the private placements represent total commitments for 18.474 million shares of broadway's common stock, at an
BYFC Ratings Summary
BYFC Quant Ranking