SouthState plans to move incorporation from South Carolina to Florida effective Aug. 31
SouthState Corporation will change its state of incorporation from South Carolina to Florida through a merger into SouthState Bank Corporation, a newly formed, wholly owned Florida subsidiary, effective 11:59 p.m. on August 31, 2025. Each share of common stock will convert automatically into one share of SouthState Bank Corporation common stock, and the company's debt and trust preferred securities will be assumed by the new entity. The filing describes a change of domicile rather than a change in the company's financial terms, so shareholders' share count and claims are stated as unchanged.
Key points
- Merger agreement dated August 19, 2025; the domicile merger is effective at 11:59 p.m. on August 31, 2025.
- Each share of common stock, par value $2.50, converts into one share of SouthState Bank Corporation common stock with no action required by shareholders.
- SouthState Bank Corporation assumes the senior revolving credit facility with U.S. Bank, existing subordinated debt, and trust preferred securities.
- Shareholders approved the change at the annual meeting held April 23, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 19, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.