Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 75

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 75
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 attributes may also be subject to limitation as a result of ownership changes in the past and/or as a result of the merger. Consequently, the combined company may not be able to utilize a material portion of HomeStreet’s, Mechanics’ or the combined company’s net operating loss carryforwards, if any, and certain other tax attributes, which could have a material adverse effect on cash flow and results of operations.

**HomeStreet is a “smaller reporting company,” and the combined company is expected to retain the smaller reporting company status until the fiscal year after closing. Smaller reporting companies have reduced disclosure requirements that may make their common stock less attractive to investors.**

Under Rule 12b-2 of the Exchange Act, a “smaller reporting company” is a company that is not an investment company, an asset-backed issuer or a majority-owned subsidiary of a parent company that is not a smaller reporting

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#### TABLE OF CONTENTS
company, and had a public float of less than $250 million as of the last business day of its most recently completed second fiscal quarter or, if such public float is less than $700 million, had annual revenues of less than $100 million during the most 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