Ameris Bancorp Files 8-K on Listing Rule Compliance
Ticker: ABCB · Form: 8-K · Filed: Jul 12, 2024 · CIK: 351569
Sentiment: neutral
Topics: listing-rules, delisting-notice, regulatory-filing
TL;DR
Ameris Bancorp might be in trouble with listing rules - check the 8-K.
AI Summary
Ameris Bancorp filed an 8-K on July 12, 2024, to report a notice of delisting or failure to satisfy a continued listing rule or standard, and a transfer of listing. The filing also includes Regulation FD disclosures and financial statements/exhibits. The company is incorporated in Georgia and its principal executive offices are located in Atlanta.
Why It Matters
This filing indicates potential issues with Ameris Bancorp's continued listing on an exchange, which could impact investor confidence and stock price.
Risk Assessment
Risk Level: medium — Filings related to delisting or failure to meet listing standards suggest potential financial or operational difficulties that could negatively impact the company's stock.
Key Numbers
- 20240712 — Report Date (Date of the 8-K filing and earliest event reported.)
Key Players & Entities
- Ameris Bancorp (company) — Registrant
- Georgia (location) — State of Incorporation
- Atlanta, Georgia (location) — Principal Executive Offices
- 0000351569-24-000021 (filing_id) — Accession Number
FAQ
What specific listing rule or standard has Ameris Bancorp failed to satisfy?
The filing indicates a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing' but does not specify the exact rule or standard in the provided text.
What is the nature of the transfer of listing mentioned in the filing?
The filing mentions a 'Transfer of Listing' as an item of information, but the details of this transfer are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on July 12, 2024.
What is Ameris Bancorp's IRS Employer Identification Number?
Ameris Bancorp's IRS Employer Identification Number is 58-1456434.
Where are Ameris Bancorp's principal executive offices located?
Ameris Bancorp's principal executive offices are located at 3490 Piedmont Road N.E., Suite 1550, Atlanta, Georgia 30305.
Filing Stats: 638 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2024-07-12 09:04:14
Key Financial Figures
- $1.00 — ch registered Common Stock, par value $1.00 per share ABCB Nasdaq Global Select M
Filing Documents
- abcb-20240712.htm (8-K) — 29KB
- pressreleasenysetransfer.htm (EX-99.1) — 8KB
- image.jpg (GRAPHIC) — 113KB
- 0000351569-24-000021.txt ( ) — 318KB
- abcb-20240712.xsd (EX-101.SCH) — 2KB
- abcb-20240712_lab.xml (EX-101.LAB) — 22KB
- abcb-20240712_pre.xml (EX-101.PRE) — 13KB
- abcb-20240712_htm.xml (XML) — 3KB
01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On July 12, 2024, Ameris Bancorp ("Ameris"), acting pursuant to authorization from its Board of Directors, notified The Nasdaq Stock Market LLC ("Nasdaq") of its determination to voluntarily withdraw the listing of its common stock, par value $1.00 per share (the "Common Stock"), from Nasdaq and transfer such listing to the New York Stock Exchange ("NYSE"). Ameris expects the listing and trading of its Common Stock on Nasdaq to cease at market close on July 22, 2024, and the listing and trading of its Common Stock on the NYSE to commence at market open on July 23, 2024. The Common Stock has been authorized for listing on the NYSE, where it will continue to trade under the stock symbol "ABCB".
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On July 12, 2024, Ameris issued a press release, a copy of which is attached to this Current Report on Form 8-K (this "Report") as Exhibit 99.1, announcing the transfer of the listing of its common stock to the NYSE. The information contained in this Item 7.01 and in Exhibit 99.1 attached to this Report is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section. Furthermore, such information shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits . 99.1 Press release dated July 12, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. AMERIS BANCORP By: /s/ Nicole S. Stokes Nicole S. Stokes Chief Financial Officer Date: July 12, 2024