Company: USCB
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001562762-25-000043
Chunk: 17

Company: USCB FINANCIAL HOLDINGS, INC.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 17
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 Dismissal of the Appeal , pursue any potential counterclaims against the Plaintiffs as it 

deems appropriate, and seek coverage from its insurance carriers. Furthermore, there is also no assurance that we will be 

able to secure coverage from our insurance carriers for any expenses incurred by us in connection with defending against 

the Appeal. 

At this time, in the opinion of management, the likelihood is remote that the impact of such proceedings, either 

individually or in the aggregate, would have a material adverse effect on our consolidated results of operations, financial 

condition or cash flows. However, one or more unfavorable outcomes in any claim or litigation against us, including the 

aforementioned Appeal regarding the Exchange Transaction, could have a material adverse effect on the period in which 

such claims or litigation are resolved. In addition, regardless of their merits or their ultimate outcomes, such matters are 

costly, divert management’s attention and may materially adversely affect our reputation, even if resolved in our favor.