Business Context and Reporting Period
USCB Financial Holdings, Inc. filed this Form 8-K on May 28, 2024, under Item 5.07 to report matters submitted to shareholders at its 2024 Annual Meeting. The company’s common stock trades on Nasdaq under the symbol USCB.
Meeting Results and Key Metrics
- Shares eligible to vote: 19,650,463 Class A common shares.
- Shares represented: 18,872,382 shares were represented in person or by proxy, constituting a quorum.
- Director elections: All nine nominees were elected to one-year terms ending in 2025 and until their successors are elected and qualified.
- Independent auditor: Shareholders ratified Crowe LLP as the company’s independent registered public accounting firm for the year ending December 31, 2024.
| Proposal | For | Against or Withheld | Abstain | Broker Non-Votes |
|---|---|---|---|---|
| Director elections | 15,370,821–16,850,937 per nominee | 187,821–1,667,937 withheld per nominee | Not separately reported | 1,833,624 per nominee |
| Auditor ratification | 18,685,366 | 2,838 | 184,178 | 0 |
Material Changes Versus Prior Comparable Period
The filing does not report financial results or provide a comparison with a prior period. No material operational, financial, debt, liquidity, cash flow, margin, or capital changes are disclosed.
Guidance, Outlook, Risks, and Unusual Items
The filing provides no management guidance, business outlook, risk update, contingency disclosure, or unusual-item discussion. It reports only the annual meeting voting results and related procedural information.
Important Facts to Verify
- Confirm that all nine listed director nominees were seated for one-year terms.
- Verify the shareholder voting totals, including broker non-votes for the director elections.
- Confirm Crowe LLP’s appointment for the year ending December 31, 2024.
- Review the company’s periodic financial filings separately for revenue, profitability, cash flow, margins, debt, liquidity, and other financial metrics not included in this Form 8-K.