Company: USCB
Filing Date: 2025-05-02
Form Type: S-3
Source: 0001193125-25-111625
Chunk: 12

Company: USCB FINANCIAL HOLDINGS, INC.
Filing Date: 2025-05-02
Form: S-3
Chunk 12
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 stock,
45,000,000 of which are designated as Class A voting common stock (“Class A Common Stock”) and 8,000,000 of which are designated as Class B non-voting common stock (“Class B
Common Stock, and together with the Class A Common Stock, the “Common Stock”). As of March 31, 2025, 20,048,385 shares of Class A Common Stock were outstanding. The outstanding shares of our Class A Common Stock are
fully paid and non-assessable. As of March 31, 2025, no shares of Class B Common Stock were outstanding.

Our Class A Common Stock is listed on The Nasdaq Global Market under the symbol “USCB.”

Dividend Rights

Holders of Common Stock
are entitled to receive such dividends as may from time to time be declared by the Company’s Board of Directors (the “Board”) out of fund legally available for such purposes. The Company can pay dividends on its Common Stock only if
it has paid or provided for the payment of all dividends, if any, to which holders of its then outstanding preferred stock, are entitled. The Company’s ability to pay dividends is also subject to applicable federal and state banking laws.

Preemptive Rights, Redemption or Other Rights

Pursuant to the Articles of Incorporation and the Bylaws, holders of Common Stock do not have preemptive rights or other rights to purchase,
subscribe for or take any part of any shares of the Company’s capital stock. The Significant Investors, however, have certain contractual preemptive rights pursuant to the side letter agreement dated December 30, 2021, by and between the
Company and the Significant Investors (the “Side Letter Agreement”). In addition, the Company does not have any sinking fund or redemption provisions in the Articles of Incorporation or the Bylaws applicable to its Common Stock.

Side Letter Agreement

Pursuant to the
Side Letter Agreement between the Company and the Significant Investors, the Company is required to maintain its Board at no less than five nor more than seven directors, and to cause one person nominated by each Significant Investor to be elected
or appointed to the Board, including filling any vacancy (the “Board Representative”), subject to satisfaction of all legal and governance requirements regarding such Board Representative’s service as a director. Such Board
Representative rights last as long as each Significant Investor beneficially owns shares of the Common Stock representing 50% or more of the common stock of the Bank purchased by the Significant Investor in the recapital