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Stock impact report

Carolina Trust BancShares, Inc. Announces Commencement of Common Stock Offering

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: GlobeNewswire
LINCOLNTON, N.C., April 16, 2018 (GLOBE NEWSWIRE) -- Carolina Trust BancShares, Inc. (the “Company”) (NASDAQ:CART), parent company of Carolina Trust Bank, announced today that it has commenced an underwritten public offering of 2,200,000 shares of its common stock.  The Company expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares sold in the offering. Sandler O’Neill + Partners, L.P. is serving as the sole book-running manager for the offering.  The shares will be issued pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”) on Form S-1 (File No. 333-224178). The Company expects to use the net proceeds from this offering to support the continued growth of its franchise and for other general corporate purposes. Additional Information Regarding the Offering A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may Show less Read more
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