Welcome to our dedicated page for California First Leasing SEC filings (Ticker: CFNB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
California First Leasing Corporation filings document the governance and shareholder-voting record of a California corporation whose common stock trades under CFNB. The definitive proxy statement covers annual meeting matters, board elections and proposed changes to the articles of incorporation tied to the company's capital structure.
The filings also provide formal context for CalFirst Leasing's public-company status after its registration as an internally managed, non-diversified closed-end investment company, while it continues to retain a lease business and hold equity and other investments.
California First Leasing Corp filed a Form 13F reporting institutional holdings. The filing lists 39 holdings with a Form 13F Information Table value total of $312,047,327. The report was signed by S. Leslie Jewett, Chief Financial Officer, on 04-28-2026.
California First Leasing Corp filed a Form 13F reporting its institutional holdings. The report lists 45 securities entries with a combined reported market value of $307,946,269. The report was signed by S. Leslie Jewett, CFO in Newport Beach on 02-17-2026.
California First Leasing Corporation is asking shareholders to elect six directors and approve a 1‑for‑50 reverse stock split that the Board may implement anytime on or before June 30, 2026. The reverse split would reduce each holder’s shares by a factor of 50, with holders who would otherwise receive fractional shares (including those with fewer than 50 shares) instead receiving cash based on the last reported OTC Market sale price before the effective date.
The Board states that the primary goal is to reduce the number of shareholders to below 100 so the company can terminate registration as an investment company under the Investment Company Act of 1940 and lower related compliance and administrative costs, while continuing OTC disclosure. As of December 12, 2025, 8,979,387 common shares were outstanding, with insiders and directors owning about 92.2%, including Chairman and CEO Patrick E. Paddon at 60.1%.
California First Leasing Corporation is asking shareholders to elect six directors and approve a 1-for-50 reverse stock split at its annual meeting on February 10, 2026. The company has 8,979,387 common shares outstanding as of December 12, 2025 and is controlled by Chairman and CEO Patrick E. Paddon, who beneficially owns 60.1% of the stock, with directors and executive officers together holding 92.2%.
The reverse split would reclassify every 50 shares into one share without changing authorized share counts. Holders entitled to fractional shares will receive cash based on the last OTC Market sale price, and shareholders with fewer than 50 shares as of the record date will be cashed out. The primary purpose is to reduce the number of shareholders to below 100 so the company can terminate its Investment Company Act registration and lower compliance costs while continuing OTC disclosure. Independent directors have also approved increasing Mr. Paddon’s salary from $180,000 to $750,000 effective January 1, 2026.
California First Leasing Corp filed a Form 13F reporting its institutional holdings. The report lists 44 holdings with a total market value of $273,106,455. The filing is signed by S. Leslie Jewett, CFO and dated 10-29-2025.