Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 65

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 65
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HomeStreet shareholders and Mechanics shareholders should be aware that some of HomeStreet’s and Mechanics’ directors and executive officers may have interests in the merger and have arrangements that are different from, or in addition to, those of HomeStreet shareholders and Mechanics shareholders, respectively. These interests and arrangements may create potential conflicts of interest. The HomeStreet board of directors and the Mechanics board of directors were aware of these respective interests and considered these interests, among other matters, when making their decisions to approve the merger agreement, and in recommending that HomeStreet shareholders vote to approve the HomeStreet articles amendment proposal, the HomeStreet share issuance proposal, the HomeStreet new equity incentive plan proposal, the HomeStreet merger-related compensation proposal and the HomeStreet adjournment proposal and that Mechanics shareholders deliver a written consent to the Mechanics approving the merger proposal, respectively.

**If the requisite approval of HomeStreet shareholders or Mechanics shareholders is not obtained, or other conditions to the closing of the merger are not met, the merger agreement may be terminated in accordance with its terms and the merger may not be completed.**

The merger agreement is subject to a number of conditions that must be fulfilled in order to complete the merger.

The completion of the merger is subject to the satisfaction or waiver of certain closing conditions, including (a) the approval of the HomeStreet share issuance proposal and the HomeStreet articles amendment proposal by the requisite vote of the HomeStreet shareholders and approval of the Mechanics merger proposal by the requisite vote of the Mechanics shareholders, (b) the receipt of the requisite regulatory approvals, including from the Federal Reserve Board, the FDIC, the CDFPI and the WDFI, (c) in the case of Mechanics’ obligation to complete the merger, no such regulatory approval having resulted in a material burdensome condition, (d) the effectiveness of this registration statement on Form S-4 to be filed with the SEC by HomeStreet in connection with the transactions contemplated by the merger agreement, (e) the absence of any order, injunction, decree or other legal restraint preventing the completion of the transactions contemplated by the merger agreement or any law making the completion thereof illegal and (f) in the case of Mechanics’ obligation to complete the merger, the authorization of the listing of the shares of HomeStreet that are issuable pursuant to the merger agreement on the Nasdaq or NYSE, subject to official notice of issuance.

Each party’s obligation to complete the merger is also subject to certain additional conditions, including (a) subject to certain materiality thresholds, the accuracy of the representations