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This Form 8-K report details amendments to TowneBank\'s Articles of Incorporation increasing authorized shares from 90M to 150M, approved on December 12, 2018.
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What is form 8-k?
Form 8-K is a report that publicly traded companies must file with the Securities and Exchange Commission (SEC) to disclose major events or corporate changes that shareholders should know about.
Who is required to file form 8-k?
Any company that is publicly traded and subject to the SEC's reporting requirements must file Form 8-K.
How to fill out form 8-k?
Form 8-K can be filled out by providing details about the event or change, including the date of the event, the description of the event, and any relevant financial information, using the SEC's electronic filing system (EDGAR).
What is the purpose of form 8-k?
The purpose of Form 8-K is to ensure that shareholders and the public have access to important information about a company's financial condition and operations in a timely manner.
What information must be reported on form 8-k?
Companies must report any material events such as mergers, acquisitions, changes in executive leadership, bankruptcy, or significant asset sales.
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