Company: MCHB
Filing Date: 2025-09-02
Form Type: POS AM
Source: 0001140361-25-033636
Chunk: 1

Company: Mechanics Bancorp
Filing Date: 2025-09-02
Form: POS AM
Chunk 1
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 S-4 (File No. 333-288528) filed with the U.S. Securities and Exchange Commission (the “Commission”) on July 3, 2025, as amended by the pre-effective Amendment No. 1 thereto filed with the Commission on July 15, 2025 (the “Form S-4”), which the Commission declared effective at 4:30 p.m. Eastern Time on July 16, 2025, by filing this Post-Effective Amendment No. 1 to Form S-4 on Form S-8 (this “Post-Effective Amendment” and together with the Form S-4, this “Registration Statement”). Mechanics filed the Form S-4 in connection with the merger (the “Merger”) contemplated by the Agreement and Plan of Merger, by and among Mechanics, HomeStreet Bank, a Washington state-chartered commercial bank (“HomeStreet Bank”),and Mechanics Bank, a California banking corporation(“Mechanics Bank”), dated March 28, 2025(as amended, the “Merger Agreement”), pursuant to which, effective as of September 2, 2025, Mechanics Bank merged with and into HomeStreet Bank, with Mechanics Bank as the surviving corporation in the Merger. As a result of the Merger, each share of common stock, par value $50 per share, of Mechanics Bank designated as voting common stock issued and outstanding immediately prior to the effective time of the Merger, subject to certain exceptions, was converted into the right to receive 3,301.0920 shares (the “Class A exchange ratio”) of Class A common stock, no par value, of Mechanics (the “Class A common stock”) and each share of common stock, par value $50 per share, of Mechanics Bank designated as non-voting common stock issued and outstanding immediately prior to the effective time of the Merger was converted into the right to receive 330.1092 shares of Class B common stock, no par value, of Mechanics (the “Class B common stock,” and together with the Class A common stock, the “Mechanics common stock”). Pursuant to the terms of the Merger Agreement, each outstanding incentive unit award or restricted stock unit award granted under the Mechanics Bank 2017 Incentive Unit Plan or the Mechanics Bank 2022 Omnibus Incentive Plan(collectively, the “Mechanics Bank Equity Plans”) was converted into a corresponding restricted stock unit award in respect of Class A common stock (the “