Bimini Capital Management, Inc. completed the acquisition of 80% of Tom Johnson Investment Management, LLC (TJIM) on April 1, 2026. The total purchase price is $12,318,492, with $12,000,000 paid in cash at closing and the remainder due on the first anniversary. TJIM manages approximately $1.63 billion in assets across equity and fixed income markets. The transaction includes a put/call option structure for the remaining 20% interest, exercisable after three years. Key management at TJIM, including Richard H. Parry, have signed new three-year employment agreements.