[25-NSE] Southern States Bancshares, Inc. Common SEC Filing
Southern States Bancshares, Inc. (ticker SSBK) has filed a Form 25 with the U.S. Securities and Exchange Commission, jointly submitted by Nasdaq Stock Market LLC on 1 July 2025. The filing formally notifies the SEC of the removal of the company’s common stock from listing and registration under Section 12(b) of the Exchange Act. Nasdaq certifies that it "has reasonable grounds to believe that it meets all of the requirements for filing the Form 25," and both the exchange and issuer state compliance with 17 CFR 240.12d2-2(b) and (c). No financial data, earnings information, or reason for the delisting is provided in the document.
Southern States Bancshares, Inc. (simbolo SSBK) ha presentato un Modulo 25 alla U.S. Securities and Exchange Commission, inviato congiuntamente da Nasdaq Stock Market LLC il 1° luglio 2025. La comunicazione notifica formalmente alla SEC la rimozione delle azioni ordinarie della società dalla quotazione e registrazione ai sensi della Sezione 12(b) dello Exchange Act. Nasdaq certifica di avere “ragionevoli motivi per ritenere di soddisfare tutti i requisiti per la presentazione del Modulo 25” e sia la borsa che l’emittente dichiarano la conformità con il 17 CFR 240.12d2-2(b) e (c). Nel documento non sono forniti dati finanziari, informazioni sugli utili o motivazioni per la cancellazione dalla quotazione.
Southern States Bancshares, Inc. (símbolo SSBK) ha presentado un Formulario 25 ante la Comisión de Bolsa y Valores de EE.UU. (SEC), enviado conjuntamente por Nasdaq Stock Market LLC el 1 de julio de 2025. La presentación notifica formalmente a la SEC la eliminación de las acciones ordinarias de la empresa de la cotización y registro bajo la Sección 12(b) de la Ley de Intercambio. Nasdaq certifica que “tiene motivos razonables para creer que cumple con todos los requisitos para presentar el Formulario 25”, y tanto la bolsa como el emisor declaran cumplir con el 17 CFR 240.12d2-2(b) y (c). No se proporcionan datos financieros, información sobre ganancias ni razones para la exclusión en el documento.
Southern States Bancshares, Inc. (티커 SSBK)는 2025년 7월 1일 Nasdaq Stock Market LLC와 공동으로 미국 증권거래위원회(SEC)에 Form 25를 제출했습니다. 이 제출 서류는 SEC에 회사의 보통주가 교환법(Exchange Act) 섹션 12(b)에 따른 상장 및 등록에서 제외됨을 공식적으로 통지합니다. Nasdaq은 “Form 25 제출 요건을 모두 충족한다고 합리적으로 판단할 근거가 있다”고 인증하며, 거래소와 발행자는 17 CFR 240.12d2-2(b) 및 (c)를 준수함을 명시합니다. 제출 문서에는 재무 데이터, 수익 정보 또는 상장 폐지 사유는 포함되어 있지 않습니다.
Southern States Bancshares, Inc. (symbole SSBK) a déposé un formulaire 25 auprès de la Securities and Exchange Commission des États-Unis, soumis conjointement par Nasdaq Stock Market LLC le 1er juillet 2025. Ce dépôt informe officiellement la SEC de la radiation des actions ordinaires de la société de la cote et de l’enregistrement selon la Section 12(b) du Exchange Act. Nasdaq certifie qu’il « a des raisons valables de croire qu’il remplit toutes les conditions pour déposer le formulaire 25 », et à la fois la bourse et l’émetteur déclarent se conformer aux 17 CFR 240.12d2-2(b) et (c). Aucun renseignement financier, information sur les bénéfices ou motif de radiation n’est fourni dans le document.
Southern States Bancshares, Inc. (Ticker SSBK) hat am 1. Juli 2025 gemeinsam mit der Nasdaq Stock Market LLC ein Formular 25 bei der US-Börsenaufsichtsbehörde SEC eingereicht. Die Meldung informiert die SEC formell über die Entfernung der Stammaktien des Unternehmens von der Börsennotierung und Registrierung gemäß Abschnitt 12(b) des Exchange Act. Nasdaq bestätigt, dass es „vernünftige Gründe hat zu glauben, alle Anforderungen für die Einreichung des Formulars 25 zu erfüllen“, und sowohl die Börse als auch der Emittent erklären die Einhaltung von 17 CFR 240.12d2-2(b) und (c). Im Dokument werden keine Finanzdaten, Gewinninformationen oder Gründe für die Delistung angegeben.
- None.
- SSBK common stock is being removed from listing and registration on Nasdaq under Section 12(b) of the Exchange Act.
Insights
TL;DR: Filing confirms SSBK common shares will cease Nasdaq listing; absence of context leaves investors uncertain.
The Form 25 signals that Southern States Bancshares’ equity will be removed from Nasdaq trading and Section 12(b) registration. While the document affirms procedural compliance with Rule 12d2-2, it lacks any rationale—such as merger, transfer to another exchange, or non-compliance—leaving investors without clarity on next steps. Delistings typically reduce liquidity and can pressure valuation; however, no mitigating information is offered.
TL;DR: Nasdaq and SSBK follow proper rules to voluntarily withdraw the listing.
From a governance standpoint, the exchange certifies it has met all requirements, and the issuer’s voluntary withdrawal appears procedurally sound under 17 CFR 240.12d2-2(c). The involvement of an authorized Nasdaq officer (Tara Petta, AVP) underscores formal compliance. Nonetheless, investors receive no board rationale or shareholder vote details, limiting transparency.
Southern States Bancshares, Inc. (simbolo SSBK) ha presentato un Modulo 25 alla U.S. Securities and Exchange Commission, inviato congiuntamente da Nasdaq Stock Market LLC il 1° luglio 2025. La comunicazione notifica formalmente alla SEC la rimozione delle azioni ordinarie della società dalla quotazione e registrazione ai sensi della Sezione 12(b) dello Exchange Act. Nasdaq certifica di avere “ragionevoli motivi per ritenere di soddisfare tutti i requisiti per la presentazione del Modulo 25” e sia la borsa che l’emittente dichiarano la conformità con il 17 CFR 240.12d2-2(b) e (c). Nel documento non sono forniti dati finanziari, informazioni sugli utili o motivazioni per la cancellazione dalla quotazione.
Southern States Bancshares, Inc. (símbolo SSBK) ha presentado un Formulario 25 ante la Comisión de Bolsa y Valores de EE.UU. (SEC), enviado conjuntamente por Nasdaq Stock Market LLC el 1 de julio de 2025. La presentación notifica formalmente a la SEC la eliminación de las acciones ordinarias de la empresa de la cotización y registro bajo la Sección 12(b) de la Ley de Intercambio. Nasdaq certifica que “tiene motivos razonables para creer que cumple con todos los requisitos para presentar el Formulario 25”, y tanto la bolsa como el emisor declaran cumplir con el 17 CFR 240.12d2-2(b) y (c). No se proporcionan datos financieros, información sobre ganancias ni razones para la exclusión en el documento.
Southern States Bancshares, Inc. (티커 SSBK)는 2025년 7월 1일 Nasdaq Stock Market LLC와 공동으로 미국 증권거래위원회(SEC)에 Form 25를 제출했습니다. 이 제출 서류는 SEC에 회사의 보통주가 교환법(Exchange Act) 섹션 12(b)에 따른 상장 및 등록에서 제외됨을 공식적으로 통지합니다. Nasdaq은 “Form 25 제출 요건을 모두 충족한다고 합리적으로 판단할 근거가 있다”고 인증하며, 거래소와 발행자는 17 CFR 240.12d2-2(b) 및 (c)를 준수함을 명시합니다. 제출 문서에는 재무 데이터, 수익 정보 또는 상장 폐지 사유는 포함되어 있지 않습니다.
Southern States Bancshares, Inc. (symbole SSBK) a déposé un formulaire 25 auprès de la Securities and Exchange Commission des États-Unis, soumis conjointement par Nasdaq Stock Market LLC le 1er juillet 2025. Ce dépôt informe officiellement la SEC de la radiation des actions ordinaires de la société de la cote et de l’enregistrement selon la Section 12(b) du Exchange Act. Nasdaq certifie qu’il « a des raisons valables de croire qu’il remplit toutes les conditions pour déposer le formulaire 25 », et à la fois la bourse et l’émetteur déclarent se conformer aux 17 CFR 240.12d2-2(b) et (c). Aucun renseignement financier, information sur les bénéfices ou motif de radiation n’est fourni dans le document.
Southern States Bancshares, Inc. (Ticker SSBK) hat am 1. Juli 2025 gemeinsam mit der Nasdaq Stock Market LLC ein Formular 25 bei der US-Börsenaufsichtsbehörde SEC eingereicht. Die Meldung informiert die SEC formell über die Entfernung der Stammaktien des Unternehmens von der Börsennotierung und Registrierung gemäß Abschnitt 12(b) des Exchange Act. Nasdaq bestätigt, dass es „vernünftige Gründe hat zu glauben, alle Anforderungen für die Einreichung des Formulars 25 zu erfüllen“, und sowohl die Börse als auch der Emittent erklären die Einhaltung von 17 CFR 240.12d2-2(b) und (c). Im Dokument werden keine Finanzdaten, Gewinninformationen oder Gründe für die Delistung angegeben.
FAQ
What does Form 25 mean for Southern States Bancshares (SSBK)?
Which security is affected by the delisting?
When was the Form 25 signed?
Who signed the Form 25 on behalf of Nasdaq?
What regulatory rules are cited for the withdrawal?
Does the filing provide financial or strategic reasons for the delisting?
