Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 55

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 55
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 will be accounted for as a reverse acquisition of HomeStreet by Mechanics under the reverse acquisition method of accounting in accordance with the U.S. generally accepted accounting principles (“GAAP”), and Mechanics will be treated as the acquirer for accounting purposes.

**The Rights of Mechanics Shareholders and HomeStreet Shareholders Will Change as a Result of the Merger (page**

#### 203
#### )

Upon the completion of the merger, Mechanics shareholders will receive shares of the combined company common stock in the merger and will cease to hold shares of Mechanics common stock. The rights of existing HomeStreet shareholders will also change upon the adoption of the articles amendment. The future rights of the combined company shareholders (which will include existing Mechanics shareholders and existing HomeStreet shareholders) will be governed by the amended and restated articles, the amended and restated bylaws and Washington law upon the completion of the merger. The rights associated with Mechanics common stock and existing HomeStreet common

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stock are different from the rights that will be associated with combined company common stock. See the section entitled “ Comparison of the Rights of Combined Company Shareholders and Mechanics Shareholders” for a summary discussion of the different rights associated with Mechanics common stock and combined company common stock. The HomeStreet Special Meeting (page 62) The HomeStreet special meeting will be held virtually via the internet on August 21, 2025 at 10:00 AM, Pacific Time. At the HomeStreet special meeting, HomeStreet shareholders will be asked to vote on the following matters:

| • | Proposal 1: The HomeStreet articles amendment proposal; |

| • | Proposal 2: The HomeStreet share issuance proposal; |

| • | Proposal 3: The HomeStreet new equity incentive plan proposal; |

| • | Proposal 4: The HomeStreet merger-related compensation proposal; and |

| • | Proposal 5: The HomeStreet adjournment proposal. |

You may vote at the HomeStreet special meeting if you are a holder of record at the close of business on July 11, 2025. As of that date, there were 18,920,807.6 shares of HomeStreet common stock outstanding, of which approximately 3.8% were owned and entitled to be voted by HomeStreet directors and executive officers and their affiliates. HomeStreet currently expects that HomeStreet’s directors and executive officers will vote their shares in favor of the HomeStreet articles amendment proposal, the HomeStreet share issuance proposal, the Home