BIMINI CAPITAL MANAGEMENT, INC. (BMNM): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
BIMINI CAPITAL MANAGEMENT, INC. (BMNM) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 RICHARD PARRY JOINS BOARD OF DIRECTORS OF BIMINI CAPITAL MANAGEMENT VERO BEACH, Fla., (September 14, 2026) – Bimini Capital Management, Inc. (OTCQX: BMNM), (“Bimini Capital,” “Bimini,” or the “Company”), today announced that Richard Parry has joined the board of dire
How this was made
The 30-second read
Why it matters
The appointment signals integration of the acquired subsidiary's leadership into corporate governance.
Market read
A routine 8‑K filing announcing a new board member; limited trading relevance.
What to watch
Potential future strategic moves tied to the newly acquired subsidiary.
Background
Bimini Capital Management recently acquired Tom Johnson Investment Management, an 80% owned subsidiary.
Ticker impact
SEC Form 8‑K reports Richard Parry joining the board of Bimini Capital Management, Inc.
minimal short‑term impact; potential modest upside if new director adds credibility.
Director appointments are routine corporate actions with limited immediate market effect.
Market effects
None significant; governance change only.
Limited to OTC market participants.
Low
Counterpoint
Board change unlikely to move the stock; focus on larger industry trends.
Key entities
- PersonRichard Parry
President and CIO of Tom Johnson Investment Management, now board director.
- PersonRobert E. Cauley
Chairman and CEO of Bimini Capital Management.


