Company: USCB
Filing Date: 2025-05-02
Form Type: S-3
Source: 0001193125-25-111625
Chunk: 15

Company: USCB FINANCIAL HOLDINGS, INC.
Filing Date: 2025-05-02
Form: S-3
Chunk 15
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, and/or voting. Any issuance of preferred stock with voting rights or which is convertible into voting shares could adversely affect the voting power of the holders of Class A Common Stock. Any of aforementioned actions could have an anti-takeover effect. See “Description of our Preferred Stock” for a description of rights and preferences that series of our Preferred Stock may have. Conversion The Class A Common Stock does not have any conversion rights. Pursuant to the Articles of Incorporation, the Company’s shares of Class B Common Stock may only be transferred (a) to an affiliate of the holder of Class B Common Stock, (b) to the Company, (c) pursuant to a widespread public distribution of the Common Stock (including a transfer to an underwriter for the purpose of conducting a widespread public distribution or pursuant to Rule 144 under the Securities Act), (d) if no transferee or group of associated transferees would receive 2% or more of any class of capital stock entitled to vote generally in the election of directors of the Company or (e) to a transferee that would control more than 50% of the capital stock entitled to vote generally in the election of directors of the Company without any transfer from the transferor. Immediately following a transfer of the type described in (c), (d) or (e) in the preceding sentence, each share of Class B Common Stock so transferred is automatically converted into one share of Class A Common Stock (subject to adjustment as provided in the Articles of Incorporation). The Company must at all times reserve and keep available out of its authorized and unissued shares of Class A Common Stock such number of shares of Class A Common Stock that may be issuable upon conversion of all of the outstanding shares of Class B Common Stock. Stockholder Meetings Except as otherwise provided by law, the Board, or any one or more shareholders owning, in the aggregate, not less than ten percent of the issued and outstanding Class A Common Stock, may call a special meeting of shareholders at any time for any purpose not inconsistent with the Articles of Incorporation or the Bylaws. Director Removal Subject to the rights of holders of any class or series of preferred stock with respect to the election of directors, a director may be removed from office by the affirmative vote of holders of shares of capital stock issued and outstanding and entitled to vote in an election of directors representing at least a majority of the votes entitled to be cast thereon, and then, only for cause. Anti-Takeover Effects of Applicable Law and Provisions of