What changed in this filing

/stocks — the workspaceLOADING

Item 3. Legal Proceedings

2025-03-14 compared with 2024-03-22 · 76 added, 3 removed, 47 unchanged (63% of the section changed)

27 unchanged sentences

proven at trial.

The Plaintiffs sought damages exceeding $750,000

plus attorney’s fees and costs

as well as such other relief as the Court

determined to award.

6 unchanged sentences

oral arguments presented

judgment in favor of the Defendants.

The Court reserved jurisdiction

to award costs or grant any post-judgment relief.

judgment in favor

of the Defendants

(the “Order”).

reserved jurisdiction to award

costs or grant

any post-judgment

Plaintiffs filed

District Court

of Appeal for

Florida (the “Appellate

an appeal (the

“Appeal”), appealing

Order and seeking

of the Order.

The Plaintiffs

the Court erred by

concluding (i) the Exchange Transaction was not

ultra vires, and (ii)

that the Legacy Shareholders (which

includes the Plaintiffs)

lacked direct standing.

The Plaintiffs

filed their initial

brief and the

Defendants filed

their answer brief (“Answer Brief”) responding to the allegations

contained in the Appeal.

Oral argument was

heard before the

Court on January

Appellate Court

the lower court's ruling and dismissed

the lawsuit, in favor of the Defendants

(the “Dismissal”).

The Plaintiffs have the right

to appeal the

but they have not done so as of the date of the

filing of this Annual Report on Form 10-K.

The Company believes

that the positions

in the Appeal

and factually without

merit, and it

intends to vigorously

defend against

potential counterclaims

deems appropriate, and seek coverage from its

insurance carriers.

Furthermore, there is also no assurance

that we will be

able to secure coverage from

our insurance carriers for

any expenses incurred by us

in connection with defending

individually or

aggregate, would

material adverse

consolidated results

of operations,

us, including

aforementioned Appeal

regarding the

Exchange Transaction,

adverse effect

on the period

or litigation

are resolved.

regardless of

ultimate outcomes,

costly, divert management’s

attention and may materially adversely affect our

reputation, even if resolved in our favor.

USCB Financial Holdings, Inc.

There can be no

10 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 3. Legal Proceedings