Third Coast Bancshares, Inc. (TCBX) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Third Coast Bancshares, Inc. on September 22, 2025. The filing announces a strategic corporate action regarding the listing of the Company's common stock.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a listing transfer and does not contain financial performance data.
Material Changes
The primary material change is the voluntary withdrawal of the Company's common stock listing from The Nasdaq Stock Market LLC and its transfer to the New York Stock Exchange (NYSE) and NYSE Texas. The stock will continue to trade under the symbol "TCBX."
Outlook and Management Commentary
- Timeline: Trading on Nasdaq is expected to end at market close on October 3, 2025.
- Commencement: Trading on the NYSE and NYSE Texas is expected to commence at market open on October 6, 2025.
- Authorization: The action was taken pursuant to authorization from the Board of Directors.
- Disclosure: A press release detailing this announcement was issued on September 22, 2025, and is included as Exhibit 99.1.
Investor Verification Checklist
- Confirm the exact trading halt time on Nasdaq (October 3, 2025, market close).
- Verify the resumption of trading on NYSE/NYSE Texas (October 6, 2025, market open).
- Ensure brokerage accounts are updated to reflect the exchange transfer for the symbol TCBX.
- Review the full text of the press release (Exhibit 99.1) for any additional operational details not summarized here.