Filing Analysis
Bimini Capital Management, Inc. filed an 8-K to announce its consolidated results of operations for the six-month and three-month periods ended June 30, 2026.
📋 Key Facts
- Report date: August 6, 2026
- Reporting period: Six-month and three-month periods ending June 30, 2026
- The filing includes a press release (Exhibit 99.1) detailing financial results.
- Signed by Robert E. Cauley, Chairman and CEO.
Bimini Capital Management, Inc. has entered into a First Amendment to its 2015 Rights Agreement with Broadridge Corporate Issuer Solutions, Inc. The amendment significantly increases the purchase price of rights and extends their expiration date.
🚩 Red Flags
- Significant increase in purchase price (over 115% increase from $4.76 to $10.20) may indicate dilution or restructuring of existing rights.
- Material modification to the rights of security holders (Item 3.03).
- The company is amending a decade-old agreement, suggesting long-term structural changes to capital/equity.
📋 Key Facts
- First Amendment to Rights Agreement signed on December 10, 2025.
- Purchase Price increased from $4.76 to $10.20 per right.
- Expiration date for the Rights extended from an unspecified prior date to December 21, 2030.
- The amendment was adopted without stockholder approval but will be submitted for a vote at the 2026 annual meeting.
Bimini Capital Management, Inc. announced the resignation of director Frank E. Jaumot and the appointment of Ashley B. Griffith to the Board of Directors. The company also released its consolidated results of operations for the nine-month period ended September 30, 2025.
🚩 Red Flags
- Potential related-party connection: Ashley B. Griffith is the son-in-law of Robert Dwyer, a director of the Corporation.
📋 Key Facts
- Frank E. Jaumot resigned as a director effective November 5, 2025; resignation was not due to any disagreement with company operations or policies.
- Ashley B. Griffith appointed as Class I director with a term expiring in 2028.
- Mr. Griffith is currently a Director in Institutional Sales at Hovde Group and will serve on the Audit Committee.
- The company released nine-month consolidated results of operations for the period ending September 30, 2025.
Bimini Capital Management, Inc. filed an 8-K to announce the release of its consolidated results of operations for the six-month period ended June 30, 2025.
📋 Key Facts
- The filing is a standard announcement of financial results under Item 2.02.
- Results cover the six-month period ending June 30, 2025.
- A press release containing the detailed financial data was issued on July 31, 2025 (Exhibit 99.1).
Bimini Capital Management, Inc. reported the results of its annual meeting held on June 10, 2025. The meeting included the election of a new director and the ratification of the company's independent auditor.
📋 Key Facts
- Annual Meeting held on June 10, 2025.
- Frank E. Jaumot was elected to the Board of Directors (Class I) to serve until the 2028 annual meeting.
- BDO USA, LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- As of April 16, 2025, there were 10,037,395 shares outstanding entitled to vote.
Bimini Capital Management, Inc. filed an 8-K to announce its consolidated results of operations for the three-month period ended March 31, 2025 via a press release.
📋 Key Facts
- The filing reports on results of operations and financial condition for the quarter ending March 31, 2025.
- Results were announced via a press release dated May 1, 2025 (Exhibit 99.1).
- The information provided under Item 2.02 is not considered 'filed' for purposes of Section 18 of the Exchange Act.
Bimini Capital Management, Inc. filed an 8-K to announce its consolidated results of operations for the fiscal period ended December 31, 2024.
📋 Key Facts
- The filing reports on results of operations and financial condition for the period ending December 31, 2024.
- The announcement was made via a press release dated March 6, 2025 (Exhibit 99.1).
- The report is filed pursuant to Item 2.02 of Form 8-K.
Bimini Capital Management, Inc. filed an 8-K to announce its consolidated results of operations for the period ended September 30, 2024.
📋 Key Facts
- The filing is a standard announcement of quarterly/periodical financial results (Item 2.02).
- Reporting period ends on September 30, 2024.
- Filing date is October 31, 2024.
Bimini Capital Management, Inc. filed an 8-K to announce its consolidated results of operations for the period ended June 30, 2024.
📋 Key Facts
- The filing is a standard announcement of quarterly financial results (Item 2.02).
- Reporting period ends on June 30, 2024.
- The company issued a press release as Exhibit 99.1 to accompany the earnings announcement.
Bimini Capital Management, Inc. held its annual meeting of stockholders on June 11, 2024. The company successfully elected two Class III directors and ratified the appointment of BDO USA, LLP as its independent auditor for the fiscal year ending December 31, 2024.
📋 Key Facts
- Annual meeting held on June 11, 2024.
- Robert J. Dwyer elected to the Board (serving until the 2027 annual meeting).
- George H. Haas, IV elected to the Board (serving until the 2027 annual meeting).
- Ratification of BDO USA, LLP as independent registered public accounting firm for the year ending Dec 31, 2024.
- Record date for voting was April 22, 2024, with 10,005,457 shares outstanding.
Bimini Capital Management, Inc. filed an 8-K to announce its consolidated results of operations for the quarterly period ended March 31, 2024.
📋 Key Facts
- Report date: May 2, 2024
- Reporting period end date: March 31, 2024
- The filing includes a press release (Exhibit 99.1) regarding financial results.
Bimini Capital Management, Inc. filed an 8-K to announce its consolidated results of operations for the fiscal period ended December 31, 2023.
📋 Key Facts
- Report date: March 7, 2024
- Reporting period end date: December 31, 2023
- The filing includes a press release (Exhibit 99.1) regarding financial results.
Bimini Capital Management, Inc. announced the appointment of G. Hunter Haas, IV to its Board of Directors as a Class III director on January 11, 2024.
📋 Key Facts
- G. Hunter Haas, IV appointed to the Board of Directors effective January 11, 2024.
- Mr. Haas will serve as a Class III director.
- The term for this position expires at the Company's Annual Meeting of Stockholders in 2024.