Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 39

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 39
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 the actual financial condition and results of operations of the combined company after the merger may differ materially; |

| • | Failure to complete the merger could negatively impact HomeStreet and/or Mechanics; |

| • | HomeStreet and Mechanics will be subject to business uncertainties and contractual restrictions in the merger agreement while the merger is pending; |

| • | The merger agreement limits HomeStreet’s ability to pursue alternatives to the merger and may discourage other companies from trying to acquire HomeStreet; |

| • | Each HomeStreet shareholder will have a substantially reduced ownership and voting interest, and each shareholder holding Mechanics voting common stock will have a reduced ownership and voting interest, in the combined company after the consummation of the merger than the holder’s interest in HomeStreet or Mechanics individually, as applicable, prior to the consummation of the merger; |

| • | Following the consummation of the merger, the Ford Entities and their controlled affiliates will control approximately 77.7% of the voting power of the combined company, and the Ford Entities and such affiliates will have the ability to elect the combined company’s directors and have control over most other matters submitted to shareholders for approval; |

| • | Certain shareholders of the combined company will have registration rights, the exercise of which could adversely affect the trading price of combined company common stock; |

| • | Following the merger, an active trading market for the combined company common stock may not be sustained and the shareholders may not be able to resell their shares of combined company common stock for a profit; |

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| • | Issuance of shares of HomeStreet common stock in connection with the merger may adversely affect the market price of HomeStreet common stock; |

| • | Shareholder litigation related to the merger could prevent or delay the completion of the merger, result in the payment of damages or otherwise negatively impact the business and operations of HomeStreet, Mechanics and the combined company; |

| • | Business and results of operations may be adversely affected by unpredictable economic, market and business conditions; |

| • | An adverse change in real estate market values may result in losses and otherwise adversely affect profitability; |

| • | Inflationary pressures and rising prices may affect results of operations and financial condition; |

| • | Liquidity, primarily through deposits, is essential to Mechanics’ business. A lack of liquidity, or an increase in the cost of liquidity could materially impair Mechanics’ ability to fund its operations and jeopardize Mechanics’ consolidated financial condition, consolidated results of operations and cash flows