---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-028711"
form_type: "8-K"
ticker: "MBIN"
cik: "0001629019"
company_name: "Merchants Bancorp"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:56:00.531881+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Merchants Bancorp to redeem all Series A Preferred Stock at $25/share on April 1, 2024

## Summary
- Redemption of 7.00% Fixed-to-Floating Rate Series A Preferred Stock (MBINP) at $25.00 per share.
- Redemption to be funded from cash on hand; dividends previously declared will be paid separately on April 1.
- Merchants will voluntarily delist Series A Preferred Stock from Nasdaq; Form 25 to be filed.
- All necessary regulatory approvals for redemption have been obtained.
- Payment will be made by Computershare on the redemption date.

## SEC filing metadata
- accession: 0001104659-24-028711
- form_type: 8-K
- ticker: MBIN
- cik: 0001629019
- company_name: Merchants Bancorp
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1629019/000110465924028711/0001104659-24-028711-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1629019/000110465924028711/tm247351d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-028711
- JSON: https://secwatch.observer/filing/0001104659-24-028711.json
- Plain text: https://secwatch.observer/filing/0001104659-24-028711.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.