United Community Banks Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Regulation FD Disclosure, Financial Statements and Exhibits
$UCBI
Major Banks
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 26, 2024
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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 26, 2024, United Community Banks, Inc. (the “Company”), acting pursuant to authorization from its Board of Directors, notified The Nasdaq Stock Market LLC (“Nasdaq”) of its intention to voluntarily withdraw the listing of its common stock, par value $1 per share (the “Common Stock”) and its depositary shares, each representing a 1/1000th interest in a share of the Company’s Series I Non-Cumulative Preferred Stock (the “Depositary Shares”) from Nasdaq and transfer each listing to the New York Stock Exchange (the “NYSE”).
The Company expects the listing and trading of the Common Stock and Depositary Shares on Nasdaq to cease at the close of trading on August 5, 2024 and the listing and trading of the Common Stock and Depositary Shares on the NYSE to commence at market open on August 6, 2024. The Common Stock and Depositary Shares have been approved for listing on the NYSE, where they will trade under the symbols “UCB” and “UCB PRI,” respectively.
Item 7.01 Regulation FD Disclosure.
On July 26, 2024 the Company issued a press release regarding its intention to transfer the listing of the Common Stock and Depositary Shares from Nasdaq to the NYSE, attached hereto as Exhibit 99.1.
The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities under Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| EXHIBIT INDEX | |||||
| Exhibit No. | Description | ||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. | ||||
SIGNATURES
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 hereunto duly authorized.
| UNITED COMMUNITY BANKS, INC. | ||||||||
| By: | /s/ Jefferson L. Harralson | |||||||
| Name: | Jefferson L. Harralson | |||||||
| Title: | Executive Vice President and Chief Financial Officer | |||||||
| Date: July 26, 2024 | ||||||||