Core Points - First Financial Northwest, Inc. has declared an initial liquidating distribution of 203 million, which represents about 95% of the expected proceeds to be distributed [1] - The initial distribution will be payable on April 30, 2025, to shareholders of record as of April 23, 2025 [1] - The company has closed its stock transfer books and filed a Form 25 with the SEC for delisting its common stock from the Nasdaq Capital Market [1] - A final cash distribution to shareholders is planned after the company completes its wind-down and settles its debts, with estimated total distributions ranging from 23.34 per share [2] Company Overview - First Financial Northwest, Inc. is the former parent company of First Financial Northwest Bank, a commercial bank based in Renton, Washington [3]
First Financial Northwest, Inc. Announces Declaration of Initial Liquidating Distribution; Stock Transfer Books Closed