other material
confidence high
sentiment neutral
materiality 0.50
Marathon Bancorp completes $16.9M community offering; conversion approvals received
Marathon Bancorp, Inc. /MD/
- Community offering completed with orders for ~$16.9M of common stock (1,650,000 shares), slightly above midpoint of offering range.
- Stockholders and MHC members approved conversion from mutual to stock holding structure at March 31 special meetings.
- Closing remains subject to customary regulatory approvals and conditions; final closing date to be announced.