# OptimumBank Holdings, Inc. (OPHC) — capital_raise/private_placement [announced]
Source: sec.gov · situation sit_7213824fbb341c971466 · public 3051405833627271403 · retrieved 2026-08-20T12:39:20.890Z

## Overview
OptimumBank Holdings, Inc. is a national commercial bank holding company incorporated in Florida.

OptimumBank Holding Company, Inc. issued $35.0 million in aggregate principal amount of 7.50% Fixed-to-Floating Rate Subordinated Notes due September 1, 2036 to institutional accredited investors and qualified institutional buyers on August 19, 2026. The Notes were issued at par (100% of face amount). The fixed rate period runs from August 19, 2026 through August 31, 2031 at 7.50% per annum, with semi-annual interest payments on March 1 and September 1. From September 1, 2031 to maturity, the rate resets quarterly to three-month Term SOFR plus 340 basis points. The Company may redeem the Notes on or after September 1, 2031, and at any time upon certain events. The Notes are unsecured, subordinated obligations and are intended to qualify as Tier 2 capital for regulatory purposes.

## Terms
- Counterparty: Institutional accredited investors and qualified institutional buyers · Deal value: $35.0M · Consideration: cash

## Key dates
- Announced 2026-08-19

## Timeline
- 2026-08-19 · 8-K (0001493152-26-039232): 8-K - OptimumBank Holdings, Inc. — *OptimumBank Holdings, Inc. is a national commercial bank holding company incorporated in Florida.* OptimumBank Holding Company, Inc. issued $35.0 million in aggregate principal amount of 7.50% Fixed-to-Floating Rate Subordinated Notes due September 1, 2036 to institutional accredited investors and qualified institutional buyers on August 19, 2026. The Notes were issued at par (100% of face amount). The fixed rate period runs from August 19, 2026 through August 31, 2031 at 7.50% per annum, with semi-annual interest payments on March 1 and September 1. From September 1, 2031 to maturity, the rate resets quarterly to three-month Term SOFR plus 340 basis points. The Company may redeem the Notes on or after September 1, 2031, and at any time upon certain events. The Notes are unsecured, subordinated obligations and are intended to qualify as Tier 2 capital for regulatory purposes.
  https://www.sec.gov/Archives/edgar/data/1288855/0001493152-26-039232.txt

## Citations
- 0001493152-26-039232 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226039232