Broadway financial corporation announces terms of reverse stock split

Los angeles--(business wire)--broadway financial corporation (“broadway,” “we,” or the “company”) (nasdaq capital market: byfc), parent company of city first bank, national association, announced today the terms of the company's previously disclosed reverse stock split (the “reverse split”). authorization for the reverse split was approved by stockholders at broadway's annual meeting on june 21, 2023. on september 20, 2023, the board of directors selected a reverse split ratio of 1-for-8 shares.
BYFC Ratings Summary
BYFC Quant Ranking