Company: SOJE
Filing Date: 2025-02-26
Form Type: 424B2
Source: 0000092122-25-000026
Chunk: 38

Company: SOUTHERN CO
Filing Date: 2025-02-26
Form: 424B2
Chunk 38
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 engage in transactions that stabilize, maintain or otherwise affect the price of the Series 2025B Junior Subordinated Notes. Specifically, the Underwriters may over-allot in connection with this offering, creating short positions in the Series 2025B Junior Subordinated Notes for their own accounts. In addition, to cover over-allotments or to stabilize the price of the Series 2025B Junior Subordinated Notes, the Underwriters may bid for, and purchase, Series 2025B Junior Subordinated Notes in the open market. Finally, the Underwriters may reclaim selling concessions allowed to the Underwriters or dealers for distributing Series 2025B Junior Subordinated Notes in this offering, if the Underwriters repurchase previously distributed Series 2025B Junior Subordinated Notes in transactions to cover short positions, in stabilization transactions or otherwise. Any of these activities may stabilize or maintain the market price of the Series 2025B Junior Subordinated Notes above independent market levels. The Underwriters are not required to engage in these activities and may end any of these activities at any time without notice.

In general, purchases of a security for the purpose of stabilization or to reduce a short position could cause the price of the security to be higher than it might be in the absence of such purchases. The imposition of a penalty bid might also have an effect on the price of a security to the extent that it were to discourage resales of the security.

Neither the Company nor any Underwriter makes any representation or prediction as to the direction or magnitude of any effect that the transactions described above may have on the price of the Series 2025B Junior Subordinated Notes. In addition, neither the Company nor any Underwriter makes any representation that the Underwriters will engage in such transactions or that such transactions once commenced will not be discontinued without notice.

It is expected that delivery of the Series 2025B Junior Subordinated Notes will be made, against payment for the Series 2025B Junior Subordinated Notes, on or about February 28, 2025, which will be the third business day following the pricing of the Series 2025B Junior Subordinated Notes. Under Rule 15c6-1 under the 1934 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 Series 2025B Junior Subordinated Notes who wish to trade the Series 2025B Junior Subordinated Notes