First Bancshares Files 10-K Amendment
| Field | Detail |
|---|---|
| Company | First Bancshares Inc /Ms/ |
| Form Type | 10-K/A |
| Filed Date | Mar 27, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, proxy-statement, filing-delay
Related Tickers: FBMS
TL;DR
FBMS filed a 10-K amendment for 2024 due to proxy statement delay.
AI Summary
The First Bancshares, Inc. filed an amendment (Amendment No. 1) to its 2024 Form 10-K on March 27, 2025. This amendment is being filed because the company will not file its definitive annual proxy statement within 120 days of its fiscal year-end on December 31, 2024. The original 10-K was filed on March 3, 2025.
Why It Matters
This filing indicates a delay in providing proxy statement information, which could affect shareholder voting timelines and corporate governance disclosures.
Risk Assessment
Risk Level: low — This is an administrative amendment to a previously filed report, not indicating new material financial risks.
Key Players & Entities
- The First Bancshares, Inc. (company) — Filer of the 10-K/A
- March 27, 2025 (date) — Filing date of the amendment
- December 31, 2024 (date) — Fiscal year end
- March 3, 2025 (date) — Original filing date of the 10-K
FAQ
What is the purpose of this 10-K/A filing?
This filing is Amendment No. 1 to the Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed to present information required by Part III as the definitive annual proxy statement will not be filed within 120 days of the year-end.
When was the original 10-K filed?
The original 10-K for the fiscal year ended December 31, 2024, was filed on March 3, 2025.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the filing date of this amendment?
This Amendment No. 1 was filed on March 27, 2025.
Why is the company filing this amendment instead of the proxy statement?
The company is filing this amendment because it will not file its definitive annual proxy statement within the 120 days of the end of its year end December 31, 2024.
Filing Details
This Form 10-K/A (Form 10-K/A) was filed with the SEC on March 27, 2025 regarding FIRST BANCSHARES INC /MS/.