trending Market Intelligence /marketintelligence/en/news-insights/trending/L0dPssJciDRXVgDVh9VkPQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Carolina Trust Bank seeking shareholder approval to reorganize into holding company structure

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Carolina Trust Bank seeking shareholder approval to reorganize into holding company structure

Lincolnton,N.C.-based Carolina Trust Bankintends to reorganize into a holding company structure, creating Carolina TrustBancShares Inc. as the holding company, according to a proxy statement filed April5.

Pursuant toan agreement and plan of reorganization and share exchange dated March 30, all ofthe outstanding shares of the bank's common stock would be exchanged for newly issuedshares of Carolina Trust BancShares' common stock on a one-for-one basis.

As a resultof the share exchange, the bank holding company would own 100% of Carolina TrustBank's common stock. The bank would continue its current business and operationsas a North Carolina-chartered bank using its current name, the filing noted.

Following approvalfrom shareholders and regulators, Carolina Trust Bank will bear the total cost offorming the holding company, which it estimates is $50,000.

The board recommendsshareholders approve the proposal for reorganization.

Shareholderswill vote on this proposal and other matters at the annual meeting May 10.