SIM - Grupo Simec Files a Form 20-F/A for the 2021 Financial Year

PR Newswire

GUADALAJARA, Mexico , March 17, 2023 /PRNewswire/ -- Grupo Simec , S.A.B. de C.V. (NYSE American: SIM) (the "Company") on March 17, 2023 filed an Amendment No. 1 to the Annual Report on Form 20-F for the year ended December 31, 2021 , dated as of May 18, 2022 , with the U.S. Securities and Exchange Commission at www.sec.gov (the "Form 20-F/A"). The Company filed the Form 20-F/A solely to amend a risk factor relating to weaknesses in internal controls by removing an inadvertent reference to a material weakness in 2019 and including a cross-reference to Item 8. "Financial Information—Legal Proceedings." The Form 20-F/A also is available on the investor relations section of the Company's website at https://gsimec.com.mx/sec-filings.php . Shareholders may request a hard copy of the Form 20-F/A, free of charge, by contacting the Company's Finance coordinator, Mario Moreno Cortez , by email at mmoreno@gruposimec.com.mx .

About Grupo Simec

Grupo Simec is a diversified manufacturer, processor and distributor of SBQ steel and structural steel products with production and commercial operations in the United States , Mexico and Brazil . Grupo Simec is also an important producer of structural and light structural steel products in Mexico in terms of sales volume. Grupo Simec's SBQ products are used across a broad range of highly engineered end-user applications, including axles, hubs and crankshafts for automobiles and light trucks, machine tools and off-highway equipment. Its structural steel products are mainly used in the non-residential construction market and other construction applications.

SOURCE Grupo Simec , S.A.B. de C.V.