CityFirstBroadway is a leading provider of financial products and services to economically underserved urban communities. At September 30, 2021, BroadwayвЂ™s stockholdersвЂ™ equity was $143.3 million, or 13.48% of the CompanyвЂ™s assets and the Tier 1 Capital of its bank subsidiary, City First Bank, National Association, was $98 million.Д«roadway Financial Corporation, a bank holding company, and its wholly-owned bank subsidiary, City First Bank, National Association (the 'Bank'), are collectively referred to as CityFirstBroadway.

The investment is subject to completion of satisfactory documentation and is intended to qualify as Tier 1 Capital. The investment in Broadway is expected to take the form of Senior Perpetual Noncumulative Preferred Stock with a dividend rate between 0.5% and 2% per annum that is dependent on BroadwayвЂ™s investment of the proceeds within Target Communities in certain types of loans that are consistent with the types of loans that the Company has historically originated. To read the Treasury Department news release, click here: Treasury will invest over $8.7 billion into 186 Community Development Financial Institutions and Minority Depository Institutions to provide funding for these institutions to increase access to capital for small and minority-owned businesses and consumers in traditionally underserved markets, such as low-to-moderate income communities. Treasury pursuant to the Emergency Capital Investment Program ('ECIP'). Treasury') has informed Broadway that the Company is eligible to receive an equity investment of $142.5 million from the U.S. The Broadway S also has two gain stages for easy to drive headphones and sensitive IEMs and is available for 1,599 USD.LOS ANGELES, December 17, 2021-( BUSINESS WIRE)-Broadway Financial Corporation ('Broadway', 'we' or the 'Company') (NASDAQ Capital Market: BYFC), announced that the United States Department of the Treasury (the 'U.S. The Broadway S has an output impedance of below 0.1 ohms. Of course, you can also have the amplifier connected to the power outlet and enjoy the same auto-powering function of the Broadway. You get around eleven hours on a single charge. The S has a longer battery run-time than the Broadway.

You can use the same 18650 Li-Ion batteries with the Broadway S. On the rear you get one set of RCA inputs, output wise you get a 4-Pin XLR and 6.35mm single ended headphone outs. Unlike the Broadway it is a single ended only amplifier. The Broadway S is essentially a trickled down Broadway for easier to drive headphones and In Ear Monitors. It can be bought for 2,299 USD from XI AudioвЂ™s global retail partners. The Broadway has two gain stages вЂ“ high and low. The Broadway has an output impedance of below 0.1 ohms. Which of course is a hint at their brand name. Unlike any other amplifier IвЂ™ve laid my eyes on, this one starts at 11 oвЂ™clock. On the right hand side the volume potentiometer is seated. On the front you have a 4-Pin XLR and a 4.4mm Pentaconn output for your headphones. Its rated Signal to Noise Ratio is 130dB. So you have to use XLR at all times, as it is meant to be used fully balanced. There is no single ended RCA input on it.

The Broadway is a fully balanced, discrete, Class A headphone amplifier. So you will run on clean power for the majority of time when you have it connected to the power outlet of your house. It will use battery power until it reaches a certain power-level before the Broadway starts charging them again. The design of the amplifier allows for it to be used while charging. It uses a set of four 18650 Li-Ion batteries, which gives the Broadway a run-time of approximately six hours. It delivers 1.5W into 32 Ohms, which might not be as high as what other amps offer, but itвЂ™s still enough to get the HiFiMAN Susvara to blasting volumes. The Broadway is XI AudioвЂ™s higher powered amplifier of the Broadway range. Sadly I donвЂ™t have it anymore to play around, but the Diana range of headphones is with me and we will take a look later how the XI Audio x Abyss system performs.ДЄpart from the Formula S amplifier, XI Audio offers a resistor ladder R2R DAC with their SagraDAC, but also battery powered transportable desktop amplifiers. A headphone I rate very highly for its sound. The team around Michael Xiao introduced themselves with the Formula S amplifier, which was made specifically as the best pairing for the Abyss AB-1266 headphones. XI AudioвЂ™s product range might be small, but they definitely produce statement and outside the box products.

Broadway s for 1