Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 213

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 213
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 received in a timely manner or at all or may impose material burdensome conditions that would lead to the termination or abandonment of the merger agreement; |

| • | the risk that the merger may not be completed despite the efforts of HomeStreet and Mechanics or that completion of the merger may be unduly delayed, including as a result of factors outside either party’s control; |

| • | the costs to be incurred in connection with the merger and the integration of Mechanics’ business into HomeStreet’s, and the possibility that the transaction and the integration may be more expensive to complete than anticipated, including as a result of unexpected factors or events; |

| • | the possibility of encountering difficulties in achieving anticipated cost savings and synergies in the amounts currently estimated or within the time frame currently contemplated; |

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| • | the possibility of encountering difficulties in successfully integrating the businesses, operations and workforces of HomeStreet and Mechanics; |

| • | the fact that the merger agreement places restrictions on the conduct of HomeStreet’s business prior to the completion of the merger, which could potentially delay or prevent HomeStreet from undertaking business opportunities that might arise or certain other actions it might otherwise take with respect to its operations absent the pendency of the merger; |

| • | the potential effect of the merger on HomeStreet’s overall business, including its relationships with customers, employees, suppliers and regulators; |

| • | the risk of losing key HomeStreet or Mechanics employees during the pendency of the merger and following completion of the merger; |

| • | the possible diversion of management focus and resources from the operation of HomeStreet’s business while working to consummate the merger and integrate Mechanics and HomeStreet; |

| • | the fixed exchange ratio component of the merger consideration, which will not adjust to compensate for potential declines in the value of Mechanics prior to completion of the merger; |

| • | the potential for legal claims challenging the merger; and |

| • | the other risks described under the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements.” |

The foregoing discussion of the information and factors considered by the HomeStreet board of directors is not intended to be exhaustive but includes the material factors considered by the HomeStreet board of directors in reaching its unanimous decision to adopt and approve the merger agreement and the transactions contemplated thereby, including the merger. In reaching its decision to approve the merger agreement and the transactions contemplated thereby, including the merger, the HomeStreet board of directors did not quantify or assign any relative