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Grupo Simec (NYSE: SIM) files amended 2024 annual SEC report

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Grupo Simec, S.A.B. de C.V. has filed an amendment to its Annual Report on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission.

The amendment updates Item 15 on controls and procedures to include separate conclusions from the company’s principal executive officer and principal financial officer on the effectiveness of disclosure controls and procedures and internal control over financial reporting, as required by SEC rules. The company states that its audited financial statements and all other sections of the original Form 20-F remain unchanged.

The amended report is available on Grupo Simec’s investor relations website, and shareholders can request a free hard copy, including the complete audited financial statements for 2024, by contacting the company’s Finance Coordinator.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF A FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2025

 

Commission File Number: 1-11176

 

GRUPO SIMEC, S.A.B. DE C.V.

(Translation of Registrant’s Name into English)

 

Av. Lázaro Cardenas 601

Colonia la Nogalera, Guadalajara, Jalisco

México 44440

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F Form 40-F

 

 

 

 

 

 

PRESS RELEASE

 

Contact: Mario Moreno Cortez

Grupo Simec, S.A.B. de C.V.

Calzada Lázaro Cárdenas 601

44440 Guadalajara, Jalisco, México

+52 55 1165 1025

 

Guadalajara, Jalisco, October 1, 2025

 

Grupo Simec, S.A.B. de C.V. (the “Company”) today filed an amendment to its Annual Report on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission at www.sec.gov.

 

The amendment includes revised disclosures under Item 15 (“Controls and Procedures”) to provide separate conclusions by the Company’s principal executive officer and principal financial officer regarding the effectiveness of (i) disclosure controls and procedures and (ii) internal control over financial reporting, in accordance with SEC requirements. No changes were made to the Company’s audited financial statements or other sections of the original Form 20-F.

 

The amended Form 20-F is also available on the investor relations section of the Company’s website at https://gsimec.com.mx/sec-filings.php. Shareholders may request a hard copy of the amended Form 20-F, including the Company’s complete audited financial statements for the year ended December 31, 2024, free of charge, by contacting the Company’s Finance Coordinator, Mario Moreno Cortez, by email at mmoreno@gruposimec.com.mx

 

About Grupo Simec

 

Grupo Simec is a diversified manufacturer, processor and distributor of SBQ steel and structural steel products with production and commercial operations in the United States, Mexico and Brazil. Grupo Simec is also an important producer of structural and light structural steel products in Mexico in terms of sales volume. Grupo Simec’s SBQ products are used across a broad range of highly engineered end-user applications, including axles, hubs and crankshafts for automobiles and light trucks, machine tools and off-highway equipment. Its structural steel products are mainly used in the non-residential construction market and other construction applications.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: October 1, 2025

 

  GRUPO SIMEC, S.A.B. DE C.V.
   
  By: /s/ Mario Moreno Cortez 
  Name: Mario Moreno Cortez
  Title: Coordinator of Finance

 

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FAQ

What did Grupo Simec (SIM) announce in this 6-K filing?

Grupo Simec announced that it filed an amendment to its Form 20-F for the year ended December 31, 2024, updating Item 15 on controls and procedures to meet SEC requirements.

Why did Grupo Simec (SIM) amend its 2024 Form 20-F?

The amendment was made so the principal executive officer and principal financial officer could provide separate conclusions on the effectiveness of disclosure controls and procedures and internal control over financial reporting, consistent with SEC rules.

Were Grupo Simec’s audited financial statements changed in the amended Form 20-F?

No. The company states that no changes were made to its audited financial statements or other sections of the original Form 20-F.

How can Grupo Simec (SIM) shareholders access the amended Form 20-F?

The amended Form 20-F is available on Grupo Simec’s investor relations website, and shareholders may request a free hard copy by contacting the company’s Finance Coordinator, Mario Moreno Cortez.

What does Grupo Simec (SIM) do as a business?

Grupo Simec is a diversified manufacturer, processor and distributor of SBQ steel and structural steel products, with production and commercial operations in the United States, Mexico and Brazil.

Does this amendment affect Grupo Simec’s reported 2024 financial results?

According to the company, the amendment does not affect its previously reported audited financial statements for the year ended December 31, 2024.
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4.83B
153.67M
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Steel
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Mexico
Guadalajara