Company: USCB
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001562762-25-000043
Chunk: 19

Company: USCB FINANCIAL HOLDINGS, INC.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1
Chunk 19
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Effective Date”), the Company acquired all of the issued and outstanding stock of the 

Bank in a share exchange (the “Reorganization”) effected under the Florida Business Corporation Act and in accordance 

with the terms of an Agreement and Plan of Share Exchange dated December 27, 2021 between the Bank and the Company 

(the “Share Exchange Agreement”). The Reorganization and the Share Exchange Agreement were approved by the Bank’s 

stockholders at a special meeting of the Bank’s stockholders held on December 20, 2021. Pursuant to the Share Exchange 

Agreement, on the Effective Date each issued and outstanding share of the Bank’s Class A common stock was converted 

into and exchanged for one share of the Company’s Class A common stock. As a result, the Bank became the wholly owned 

subsidiary of the Company, the Company became the holding company for the Bank and the stockholders of the Bank 

became stockholders of the Company. 

Prior to the Effective Date, the Bank’s Class A common stock was registered under Section 12(b) of the Exchange Act, 

and the Bank was subject to the information requirements of the Exchange Act and, in accordance with Section 12(i) thereof, 

filed quarterly reports, proxy statements and other information with the FDIC. As a result of the Reorganization, pursuant to 

Rule 12g-3(a) under the Exchange Act, the Company became the successor registrant to the Bank, the Company’s Class 

A common stock was deemed to be registered under Section 12(b) of the Exchange Act, and the Company became subject 

to the information requirements of the Exchange Act and is now required to file reports, proxy statements and other 

information with the SEC. The trading symbol for the Company’s Class A Common Stock is “USCB”, which is the same as 

the Bank’s former trading symbol. 

Prior to the Reorganization, the Company had no material assets and had not conducted any business or operations 

except for activities related