BIMINI CAPITAL MANAGEMENT, INC. (BMNM) — Current Report

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This analysis covers the filing from 2026-05-07. New 10-K, 10-Q and 8-K filings are analyzed the moment they are released — exclusively in the app.

Earlier Current Report filings

Filed: 2026-04-02
  • Bimini Capital Management, Inc. has completed the acquisition of 80% of the equity interests in Tom Johnson Investment Management, LLC, a registered investment adviser.
  • The purchase price paid for the transaction was $12,318,492, or 2.5 times 80% of TJIM's 2025 revenue.
  • The transaction includes provisions for Richard's Trust, which retained a 20% equity interest in TJIM, to require the Buyer to purchase the Retained Interest at a later date, and for the Buyer to require Richard's Trust to sell the Retained Interest.
Filed: 2026-03-12
  • Bimini Capital Management, Inc. (BMNM) reported its consolidated results of operations for the three- and twelve-month periods ended December 31, 2025.
  • The company's Board of Directors authorized a new share repurchase plan of up to $2.5 million, which can be executed over the next 24 months.
  • The share repurchase plan provides the company with additional financial flexibility and the ability to return capital to shareholders.
Filed: 2026-01-14
  • Bimini Capital Management is acquiring an 80% stake in Tom Johnson Investment Management (TJIM), a registered investment adviser, for 2.5 times TJIM's 2025 revenue.
  • The transaction includes a put option for the 20% retained interest, allowing the seller to require Bimini to purchase the remaining stake after the third anniversary of closing, subject to certain conditions.
  • As part of the deal, TJIM's current management, including Richard Parry, are expected to enter into new employment agreements with the firm.

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