Company: SOJE
Filing Date: 2025-11-03
Form Type: 424B5
Source: 0000092122-25-000088
Chunk: 164

Company: SOUTHERN CO
Filing Date: 2025-11-03
Form: 424B5
Chunk 164
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 Rule 15c6-1 of the Exchange Act, purchases or sales of securities in the secondary market generally are required to settle within one business day (T+1), unless the parties to any such transactions expressly agree otherwise. Accordingly, purchasers of the Corporate Units who wish to trade the Corporate Units on the date of this Prospectus Supplement or the next succeeding business day(s) will be required, because the Corporate Units will settle within business days (T+ ), to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of the Corporate Units who wish to trade on the date of this Prospectus Supplement or the next succeeding business day(s) should consult their own legal advisors.

In the ordinary course of business, the underwriters and their respective affiliates have from time to time performed and may in the future perform various financial advisory, commercial banking, investment banking, sales and trading, investment research, principal investment, hedging, market making, asset leasing, treasury services and other financial and non-financial activities and services for the Company and its affiliates, for which they received, or will continue to receive, customary fees or compensation. In addition, certain underwriters and/or their affiliates may be holders of the Company’s securities to be repurchased and/or repaid with the proceeds of this offering. As a result, any such underwriter and/or its affiliate will receive a pro rata portion of the proceeds from this offering.

The Company is negotiating the concurrent repurchases of the Existing Convertible Senior Notes described herein through BofA Securities, Inc. or its affiliate.

In addition, in the ordinary course of their business activities, the underwriters and their affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities), loans, commodities, currencies, credit default swaps and other financial instruments (including bank loans) for their own accounts and for the accounts of their customers. Such investments and securities activities may involve securities and/or instruments of the Company or its affiliates. Certain of the underwriters or their affiliates that have a lending relationship with the Company routinely hedge, and certain other of the underwriters or their affiliates may hedge, their credit exposure to the Company consistent with their customary risk management policies. Typically, such underwriters and their affiliates would hedge such exposure by entering into transactions which consist of either the purchase of credit default swaps or the creation of short positions in the Company’s securities, including potentially the Corporate Units. Any such credit default swaps or short positions could adversely affect