The North Carolina Supplement to Joint Proxy Statement — Prospectus without exhibits is an important document that provides additional information to shareholders regarding a proposed corporate action or business transaction. This document is specifically relevant to stakeholders operating in North Carolina and encompasses various aspects of the transaction. The North Carolina Supplement serves as an addendum to the Joint Proxy Statement — Prospectus, which is a comprehensive disclosure document filed by companies with the Securities and Exchange Commission (SEC). It includes key details, such as the purpose of the transaction, potential benefits and risks, financial information, and voting procedures. There could be several types of North Carolina Supplement to Joint Proxy Statement — Prospectus without exhibits, based on the specific nature of the proposed transaction. These might include: 1. Merger or Acquisition Supplement: This type of supplement is issued when two companies plan to merge or one company intends to acquire another. It outlines the strategic rationale, anticipated synergies, financial terms, and conditions of the proposed combination. 2. Divestiture or Spin-off Supplement: When a company decides to divest a particular division or create a new independent entity through a spin-off, this supplement provides detailed information about the reasoning behind such a move, potential impact on shareholders, and post-transaction operating models. 3. Proxy Contest Supplement: In case of a proxy contest, where multiple parties compete to secure shareholder votes or control over the company, this supplement is utilized to inform shareholders about the competing proposals, nominees, and other relevant information that assists them in making an informed decision. 4. Change in Capital Structure Supplement: When a company plans to make significant changes to its capital structure, such as issuing new debt or equity securities, conducting a stock split, reverse stock split, or rights offering, this supplement provides essential details regarding the purpose, terms, and potential impact on shareholders. It is important to note that the specific contents of each North Carolina Supplement to Joint Proxy Statement — Prospectus without exhibits may vary depending on the unique circumstances of the transaction. Shareholders should carefully review these supplements along with the Joint Proxy Statement — Prospectus to fully understand the implications of the proposed corporate action and exercise their voting rights accordingly.