Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 183

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 183
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mation of the merger, in each case assuming the merger occurred as of July 1, 2025. Beneficial ownership is determined in accordance with the rules of the SEC and includes voting or investment power with respect to the combined company common stock. Shares of the combined company common stock that a person or entity has the right to acquire within 60 days of July 1, 2025, assuming the consummation of the merger occurred on such date, are deemed outstanding for purposes of computing the percentage ownership of the person or entity holding such rights, but are not deemed outstanding for purposes of computing the percentage ownership of any other person or entity, except with respect to the percentage ownership of all directors and executive officers, if applicable. Unless otherwise indicated, the persons or entities identified in the table below have sole voting power and sole investment power with respect to the shares of the combined company common stock beneficially owned by them, subject to community property laws, where applicable. The table below assumes that, based on HomeStreet’s and Mechanics’ capitalization as of July 1, 2025, the exchange ratio is equal to approximately 3,301.0920 shares of Class A common stock for each share of Mechanics voting common stock and 330.1092 shares of Class B common stock for each share of Mechanics non-voting common stock. For more information, please see the section entitled “ The Merger Agreement—Terms of the Merger.” Based on these assumptions, immediately after the merger, Mechanics securityholders as of immediately prior to the merger, as a group, are expected to own approximately 91.7% of the outstanding shares of the combined company on an economic basis and 91.3% of the voting power in the combined company immediately after the merger, and HomeStreet shareholders as of immediately prior to the merger, as a group, are estimated to own approximately 8.3% of the outstanding shares of the combined company on an economic basis and 8.7% of the voting power in the combined company, immediately after the merger. Except as otherwise set forth below, the address of each beneficial owner is c/o Mechanics Bank, 1111 Civic Drive, Walnut Creek, CA 94596.

| Name and                          
 Address                           |     |  Number of Class A 
       Common Stock 
 Beneficially Owned |     | Percent of   
 Class A      
 Common Stock 
 Beneficially 
 Owned        |     | Number of    
 Class B      
 Common Stock 
 Beneficially 
 Owned        |