Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 79

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 79
---
 recently completed fiscal year. Smaller reporting companies are permitted to provide simplified executive compensation disclosure in their filings; and they have certain other decreased disclosure obligations in their SEC filings, including, among other things, only being required to provide two (2) years of audited financial statements in annual reports. HomeStreet qualifies as a smaller reporting company. For as long as HomeStreet continues to be a smaller reporting company, it expects that it will take advantage of the reduced disclosure obligations available to it as a result of those respective classifications. Although the combined company is expected to exceed the thresholds for smaller reporting companies after the closing of the merger, the combined company is not expected to lose its smaller reporting company status until the first redetermination for smaller reporting company status occurs after the closing of the merger, which is expected to occur on the last business day of the combined company’s second fiscal quarter 2026. Decreased disclosure in SEC filings as a result of HomeStreet having availed itself of scaled disclosure may make it harder for investors to analyze its results of operations and financial prospects.

### Risks Relating to HomeStreet’s Business
You should read and consider risk factors specific to HomeStreet’s business that will also affect the combined company after the merger. These risks are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of HomeStreet’s Annual Report on Form 10-K for the year ended December 31, 2024 and in any updates to those risk factors set forth in HomeStreet’s Quarterly Reports on Form 10-Q and in other documents incorporated by reference into this proxy statement/prospectus/consent solicitation statement. Please see the section entitled “ Where You Can Find More Information ” of this proxy statement/prospectus/consent solicitation statement for the location of information incorporated by reference into this proxy statement/prospectus/consent solicitation statement.

### Risks Relating to Mechanics’ Business
You should read and consider the following risk factors specific to Mechanics’ business, which will also affect the combined company after the consummation of the merger. Please note that the risk factors described below apply only to Mechanics’ business and do not address risks relating to HomeStreet’s or HomeStreet Bank’s business or certain additional risks of the combined company. For information on risks relating to the merger and the combined company following the merger, please see the prior section entitled “ —Risks Relating to the Merger and the Combined Company Following the Merger. ” For more information