Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 306

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 306
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 facts in the statement relating to the merger. A U.S. holder of Mechanics common stock will be treated as a significant holder in Mechanics if the U.S. holder’s ownership interest in Mechanics, immediately before the merger, is 1% or more of Mechanics’ issued and outstanding common stock or if the U.S. holder’s basis in the shares of Mechanics stock exchanged is one million dollars ($1,000,000) or more. The statement must be prepared in accordance with Treasury Regulation Section 1.368-3 and must be entitled “STATEMENT PURSUANT TO §1.368-3(b) BY [INSERT NAME AND TAXPAYER IDENTIFICATION NUMBER (IF ANY) OF TAXPAYER], A SIGNIFICANT HOLDER.” The statement must include the names and employer identification numbers of Mechanics and HomeStreet, the date of the merger, and the fair market value and tax basis of Mechanics common stock exchanged (determined immediately before the merger). This summary of certain material United States federal income tax consequences is for general information only and is not tax advice. You are urged to consult your tax advisor with respect to the application of United States federal income tax laws to your particular situation as well as any tax consequences arising under the United States federal estate or gift tax rules, or under the laws of any state, local, foreign or other taxing jurisdiction.

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TABLE OF CONTENTS

UNAUDITED PRO FORMA COMBINED CONDENSED CONSOLIDATED FINANCIAL INFORMATION The following tables present unaudited condensed consolidated financial information for each of Mechanics and HomeStreet, as well as unaudited pro forma combined condensed consolidated financial information for Mechanics and HomeStreet reflecting the merger and pro forma adjustments described in the accompanying notes. Mechanics and HomeStreet have prepared the unaudited pro forma combined condensed consolidated balance sheet to give pro forma effect to the merger as if it had been consummated on March 31, 2025, and the unaudited pro forma combined condensed consolidated income statement to give pro forma effect to the merger as if it had been consummated on January 1, 2024. The unaudited pro forma combined condensed consolidated financial information appearing below assumes that the merger is accounted for as a reverse acquisition using the acquisition method of accounting, pursuant to FASB Topic 805-10, Business Combinations, with HomeStreet treated as the legal acquirer and Mechanics treated as the accounting acquirer. In identifying Mechanics as the acquiring entity for accounting purposes, HomeStreet and Mechanics took into account a