{"success":true,"data":{"pressRelease":{"id":"143072","rtpr_id":"nGNX1YdX9g-20260914","ticker":"BMNM","exchange":"OTC","all_tickers":["BMNM"],"title":"Richard Parry Joins Board of Directors of Bimini Capital Management","author":"Globe Newswire","published_at":"2026-09-14T20:10:00.121Z","article_body":"VERO BEACH, Fla., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Bimini Capital\nManagement, Inc. (OTCQX: BMNM), (“Bimini Capital,” “Bimini,” or the\n“Company”), today announced that Richard Parry has joined the board of\ndirectors as a Class II director with his term expiring in 2029.  Mr. Parry\nis currently the President and Chief Investment Officer of Tom Johnson\nInvestment Management, LLC (“TJIM”), an 80%-owned subsidiary of the\nCompany acquired earlier this year. A trust affiliated with Mr. Parry retains\nan equity interest in TJIM. Mr. Parry entered into an employment agreement\nwith TJIM in connection with the TJIM Acquisition.\n\nCommenting on the appointment, Robert E. Cauley, Chairman and Chief Executive\nOfficer of the Company, stated “We are very happy that Richard has joined\nour board.  TJIM was a very important acquisition for the Company, and his\npresence on the board demonstrates our commitment to growing and diversifying\nour asset management endeavors.”\n\nAs an employee of the Company, Mr. Parry will not be separately compensated\nfor his service as director; however, he may be reimbursed for out-of-pocket\nexpenses incurred in attending conferences or educational seminars that relate\nto his Board service, consistent with the Company’s practice. Mr. Parry is\nnot expected to serve on a committee of the Board at this time.\n\nForward Looking Statements\n\nStatements herein relating to matters that are not historical facts are\nforward-looking statements, as defined in the Private Securities Litigation\nReform Act of 1995. The reader is cautioned that such forward-looking\nstatements are based on information available at the time and on management's\ngood faith belief with respect to future events, and are subject to risks and\nuncertainties that could cause actual performance or results to differ\nmaterially from those expressed in such forward-looking statements. Important\nfactors that could cause such differences are described in Bimini Capital\nManagement, Inc.'s filings with the Securities and Exchange Commission,\nincluding Bimini Capital Management, Inc.'s most recent Annual Report on Form\n10-K and Quarterly Reports on Form 10-Q. Bimini Capital Management, Inc.\nassumes no obligation to update forward-looking statements to reflect\nsubsequent results, changes in assumptions or changes in other factors\naffecting forward-looking statements, except as may be required by applicable\nlaw.\n\nCONTACT:\nBimini Capital Management, Inc.\nRobert E. Cauley, 772-231-1400\nChairman and Chief Executive Officer\nhttps://ir.biminicapital.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d6e830b7-6643-4646-9721-b4358b6a6784)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX1YdX9g-20260914","title":"Richard Parry Joins Board of Directors of Bimini Capital Management","author":"Globe Newswire","ticker":"BMNM","created":"2026-09-14T20:10:00.121Z","tickers":["BMNM"],"exchange":"OTC","article_body":"VERO BEACH, Fla., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Bimini Capital\nManagement, Inc. (OTCQX: BMNM), (“Bimini Capital,” “Bimini,” or the\n“Company”), today announced that Richard Parry has joined the board of\ndirectors as a Class II director with his term expiring in 2029.  Mr. Parry\nis currently the President and Chief Investment Officer of Tom Johnson\nInvestment Management, LLC (“TJIM”), an 80%-owned subsidiary of the\nCompany acquired earlier this year. A trust affiliated with Mr. Parry retains\nan equity interest in TJIM. Mr. Parry entered into an employment agreement\nwith TJIM in connection with the TJIM Acquisition.\n\nCommenting on the appointment, Robert E. Cauley, Chairman and Chief Executive\nOfficer of the Company, stated “We are very happy that Richard has joined\nour board.  TJIM was a very important acquisition for the Company, and his\npresence on the board demonstrates our commitment to growing and diversifying\nour asset management endeavors.”\n\nAs an employee of the Company, Mr. Parry will not be separately compensated\nfor his service as director; however, he may be reimbursed for out-of-pocket\nexpenses incurred in attending conferences or educational seminars that relate\nto his Board service, consistent with the Company’s practice. Mr. Parry is\nnot expected to serve on a committee of the Board at this time.\n\nForward Looking Statements\n\nStatements herein relating to matters that are not historical facts are\nforward-looking statements, as defined in the Private Securities Litigation\nReform Act of 1995. The reader is cautioned that such forward-looking\nstatements are based on information available at the time and on management's\ngood faith belief with respect to future events, and are subject to risks and\nuncertainties that could cause actual performance or results to differ\nmaterially from those expressed in such forward-looking statements. Important\nfactors that could cause such differences are described in Bimini Capital\nManagement, Inc.'s filings with the Securities and Exchange Commission,\nincluding Bimini Capital Management, Inc.'s most recent Annual Report on Form\n10-K and Quarterly Reports on Form 10-Q. Bimini Capital Management, Inc.\nassumes no obligation to update forward-looking statements to reflect\nsubsequent results, changes in assumptions or changes in other factors\naffecting forward-looking statements, except as may be required by applicable\nlaw.\n\nCONTACT:\nBimini Capital Management, Inc.\nRobert E. Cauley, 772-231-1400\nChairman and Chief Executive Officer\nhttps://ir.biminicapital.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d6e830b7-6643-4646-9721-b4358b6a6784)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-14T20:10:00.158545264Z","server_sent_at_ms":1789416600158},"received_at":"2026-09-14T20:10:00.233Z","source_url":null},"analysis":{"id":"131901","press_release_id":"143072","analysis_json":{"industry":{"label":"Mortgage Real Estate Investment Trusts (REITs)","sector":"Real Estate"},"redFlags":["New director is an executive of the recently acquired 80%-owned TJIM subsidiary, and an affiliated trust retains an equity interest in TJIM — related-party/affiliation dynamics worth monitoring"],"eventType":"board_change","narrative":"Richard Parry has joined the board of directors of Bimini Capital Management as a Class II director, with his term expiring in 2029.\n\nParry is President and Chief Investment Officer of Tom Johnson Investment Management, an 80%-owned subsidiary Bimini acquired earlier this year; a trust affiliated with Parry retains an equity interest in TJIM.\n\nBecause Parry is already a company employee, he will not be separately compensated for board service and is not expected to serve on a board committee at this time.\n\nCEO Robert E. Cauley framed the appointment as demonstrating Bimini's commitment to growing and diversifying its asset management endeavors.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Subsidiary executive joins parent board — deepens TJIM integration but is routine governance news with no financial impact."},"keyFigures":{"customDimensions":{"director_class":"Class II","tjim_ownership":"80%","director_term_expiry":2029}},"quotedText":"TJIM was a very important acquisition for the Company, and his presence on the board demonstrates our commitment to growing and diversifying our asset management endeavors.","namedEntities":{"people":[{"name":"Richard Parry","role":"Newly appointed Class II director; President and Chief Investment Officer of Tom Johnson Investment Management (TJIM)"},{"name":"Robert E. Cauley","role":"Chairman and Chief Executive Officer"}],"products":[],"companies":[{"name":"Bimini Capital Management, Inc.","ticker":"BMNM","relationship":"filer"},{"name":"Tom Johnson Investment Management, LLC (TJIM)","relationship":"subsidiary (80%-owned)"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Routine governance update: a subsidiary executive joins the board as a Class II director. No committee assignment, no separate compensation, and no change to strategy, capital structure, or financials disclosed."},"tickerRelevance":{"others":[],"primary":"BMNM"},"globalImportance":12,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap (OTCQX)","eventGravity":"routine board appointment","governanceOnly":true,"householdBrandBoost":0,"retailFavoriteBoost":0}},"event_type":"board_change","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Richard Parry has joined the board of directors of Bimini Capital Management as a Class II director, with his term expiring in 2029.\n\nParry is President and Chief Investment Officer of Tom Johnson Investment Management, an 80%-owned subsidiary Bimini acquired earlier this year; a trust affiliated with Parry retains an equity interest in TJIM.\n\nBecause Parry is already a company employee, he will not be separately compensated for board service and is not expected to serve on a board committee at this time.\n\nCEO Robert E. Cauley framed the appointment as demonstrating Bimini's commitment to growing and diversifying its asset management endeavors.","key_figures":{"customDimensions":{"director_class":"Class II","tjim_ownership":"80%","director_term_expiry":2029}},"named_entities":{"people":[{"name":"Richard Parry","role":"Newly appointed Class II director; President and Chief Investment Officer of Tom Johnson Investment Management (TJIM)"},{"name":"Robert E. Cauley","role":"Chairman and Chief Executive Officer"}],"products":[],"companies":[{"name":"Bimini Capital Management, Inc.","ticker":"BMNM","relationship":"filer"},{"name":"Tom Johnson Investment Management, LLC (TJIM)","relationship":"subsidiary (80%-owned)"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-14T20:10:25.857Z","global_importance":12,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap (OTCQX)","eventGravity":"routine board appointment","governanceOnly":true,"householdBrandBoost":0,"retailFavoriteBoost":0}},"durationMs":25610,"modelName":"glm-5.3-flash"}}