Liquidation: First Financial Northwest, Inc.
Form Type: 8-K
Filing Date: 2025-04-21
Corporate Action: Liquidation
Type: New
Accession Number: 000110465925036836
Filing Summary: On April 21, 2025, First Financial Northwest, Inc. announced that its board of directors declared an initial liquidating distribution of $22.00 per share, amounting to approximately $203 million. The distribution is payable on April 30, 2025, to shareholders of record as of April 23, 2025. The announcement comes as part of a previously announced Plan of Dissolution. The company's stock transfer books have been closed. Additionally, the company plans to make a final cash distribution to shareholders after completing the wind-down process and addressing all creditor obligations, debts, taxes, and liabilities in accordance with Washington law and their Plan of Dissolution.
Additional details:
Initial Liquidating Distribution: $22.00 per share
Total Amount: approximately $203 million
Payment Date: April 30, 2025
Record Date: April 23, 2025
Comments
No comments yet. Be the first to comment!