Carolina Financial Corporation (NasdaqGS: CARO) is looking for acquisitions. The company is currently on the verge of a public offering of 1,571,429 shares of its common stock at a price of $28 per share, for gross proceeds of nearly $44 million, which is intends to be used to support organic and acquisitive growth and for general corporate purposes, which may include contributing a portion of the proceeds to CresCom Bank as additional capital.