Broadway Financial Corporation announced a delay in filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. The delay is due to the need for additional time to determine the value of a Securities Purchase Option Agreement and address fair value measurements disclosure. The Nasdaq Stock Market informed the company of its non-compliance with listing rules due to this delay. Broadway has 60 days from May 28, 2025, to submit a compliance plan.
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