IPO registrations (S-1, F-1) · Registrants
Southern States Bancshares, Inc.
- SEC CIK
- 1689731 · filings on EDGAR ↗
- Registration
- Form S-1, first filed 2021-07-15, last 2021-07-30; 1 initial registration, 1 amendment
- Outcome
- Final prospectus filed 2021-08-12; declared effective 2021-08-11
- Industry (SIC)
- State Commercial Banks 6022
- Incorporated in
- AL
- Business address
- 615 QUINTARD AVENUE, Anniston, AL 36201
- EIN
- 26-2518085
- EDGAR entity type
- operating
- Insiders and CEO pay
- Southern States Bancshares, Inc. on the corporate pages
Offering terms
- Proposed price range
- $19.00–$21.00 per share (S-1/A filed 2021-07-30)
- Final price
- $19.00 per share, within the range (424B4 filed 2021-08-12, an initial public offering)
- Shares sold
- 2,000,000 (996,429 by the company, 1,003,571 by selling holders)
- Gross proceeds
- $38,000,000 before underwriting discounts and any over-allotment option
- Listing
- Nasdaq under the symbol SSBK
- Lead underwriters
- Truist Securities; KBW
- Syndicate
- Stifel; T Ruist S Ecurities; Hovde Group, LLC
Read from the cover pages of the filings listed under “Prospectus pages read” below; check the document for anything that matters.
On this site
- Form D issuer: Southern States Bancshares, Inc. EXACT (CIK (EXACT))
- SEC filer: Southern States Bancshares, Inc. EXACT (CIK (EXACT))
- Person page: Lynn J Joyce Fuzzy (officer, director or 10% owner on the company's Forms 3, 4 and 5 (Officer))
Filings 7
| Filed | Form | What it is | Name as filed | EDGAR |
|---|---|---|---|---|
| 2021-07-15 | S-1 | S-1 (registration) | Southern States Bancshares, Inc. | 0001193125-21-216358 ↗ |
| 2021-07-30 | S-1/A | S-1/A (amendment) | Southern States Bancshares, Inc. | 0001193125-21-230312 ↗ |
| 2021-08-11 | EFFECT | EFFECT (declared effective) | Southern States Bancshares, Inc. | 9999999995-21-003152 ↗ |
| 2021-08-12 | 424B4 | 424B4 (final prospectus) | Southern States Bancshares, Inc. | 0001193125-21-244687 ↗ |
| 2022-05-24 | EFFECT | EFFECT (declared effective) | Southern States Bancshares, Inc. | 9999999995-22-001578 ↗ |
| 2022-10-17 | EFFECT | EFFECT (declared effective) | Southern States Bancshares, Inc. | 9999999995-22-003061 ↗ |
| 2022-12-14 | EFFECT | EFFECT (declared effective) | Southern States Bancshares, Inc. | 9999999995-22-003538 ↗ |
Prospectus pages read 2
| Filed | Form | Read as | Range | Price | Shares | Proceeds | Listing | Underwriters | What was found | Document |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021-07-30 | S-1/A | registration statement | $19.00–$21.00 | 2,000,000 | - | Nasdaq SSBK | 5 | primary document; range, shares headline, cover names 3 | document ↗ | |
| 2021-08-12 | 424B4 | final prospectus | $19.00 | 2,000,000 | $38,000,000 | Nasdaq SSBK | 5 | primary document; price sentence, shares headline, proceeds table, cover names 3 | document ↗ |
Officers, directors and large holders Forms 3, 4 and 5
| Insider | Role | Title | Filings | Years | On this site |
|---|---|---|---|---|---|
| Beavers Lewis C. | Director | 6 | 2021–2025 | ||
| Chambers Mark | Director,Officer; Officer | Chief Executive Officer; President | 10 | 2021–2025 | |
| Davie Robert T. | Director | 2 | 2021–2022 | ||
| Hayes Alfred J. Jr. | Director | 6 | 2021–2025 | ||
| Hitson Brent O. | Director | 12 | 2021–2025 | ||
| Holmes Brian Stacey | Director | 7 | 2021–2025 | ||
| JOYCE LYNN J | Officer | Chief Financial Officer | 14 | 2021–2025 | person page Fuzzy |
| LaFoy Jimmy A. | Director | 2 | 2021–2022 | ||
| LYNCH JAMES J | Director | 3 | 2021 | ||
| McCarty Cynthia S. | Director | 9 | 2021–2025 | ||
| Pumroy Jay F. | Director | 9 | 2021–2025 | ||
| Smith Gregory B. | Officer | Chief Risk Officer | 17 | 2021–2025 | |
| Smith J. Henry IV | Director | 9 | 2021–2025 | ||
| Swift James Walker | Officer | Chief Operating Officer | 9 | 2021–2024 | |
| Turner Henry A. Jr. | Director | 3 | 2021–2023 | ||
| Whatley Stephen W. | Director,Officer | Chief Executive Officer | 6 | 2021–2023 | |
| Hinton Jonathan | Director | 7 | 2023–2025 | ||
| Cummings Daniel Andrew | Director | 5 | 2023–2025 | ||
| Hunsaker Christine | Director | 6 | 2023–2025 | ||
| Drews Richard E. Jr. | Director | 7 | 2024–2025 |
Everyone who filed an insider report for this company, from the SEC’s Insider Transactions Data Sets (2006 on). Person pages are matched by name and state only.
Private offerings before or after (Form D)
| First filed | Issuer | Industry | Offering | Sold | Investors | Filings |
|---|---|---|---|---|---|---|
| 2022-11-01 | Southern States Bancshares, Inc. | Commercial Banking | $40,000,000 | $40,000,000 | 36 | 1 |
| 2022-02-14 | Southern States Bancshares, Inc. | Commercial Banking | $48,000,000 | $48,000,000 | 39 | 1 |
| 2016-12-29 | Southern States Bancshares, Inc. | Commercial Banking | $47,000,000 | $41,200,012 | 0 | 1 |
Data: SEC EDGAR. The quarterly full index (every S-1, S-1/A, F-1 and F-1/A since 1993, with the pricing prospectus, notice of effectiveness and withdrawal request of each registrant) and the company submissions data (SIC, state of incorporation, address, EIN, tickers, former names). Company details are what EDGAR holds today, not at the time of the filing.
Also on this site Fuzzy
| Record | Name as filed | Where | Dataset | Matched by |
|---|---|---|---|---|
| Form D issuer | Southern States Bancshares, Inc. | AL | Form D private offerings | CIK (EXACT) |
| SEC filer | Southern States Bancshares, Inc. | SEC filers (EDGAR) | CIK (EXACT) | |
| Person page | Lynn J Joyce | People (Form 990 officers, directors and employees) | officer, director or 10% owner on the company's Forms 3, 4 and 5 (Officer) |
Matched by an identifier (EIN, CIK, CRD), by name and state or city, or by street address; a shared name or address is not proof of the same person or organization. Every link says how it was made; how the cross-referencing works.
Others with the same interests
SIC industry State Commercial Banks, AL first:
- SUPERIOR BANCORP AL
- NEXITY FINANCIAL CORP AL
- CapitalSouth Bancorp AL
- ServisFirst Bancshares, Inc. AL
- BEAR STATE FINANCIAL, INC. AR
- BANK OF THE OZARKS INC AR
- OZARK CAPITAL TRUST AR
- HOME BANCSHARES INC AR
- SUN COMMUNITY BANCORP LTD AZ
- WESTERN ALLIANCE BANCORPORATION AZ
In other datasets, the same topic (Finance) in AL:
- Form D issuer: AIM-410MEDICAL-2018 LLC (Form D private offerings)
- Lobbying client: ADVANCED OPTICAL SYSTEMS (Federal lobbying (LDA))
Interests: State Commercial Banks · Finance