secwatch.observer — SEC 8-K summary
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Issuer:     Marathon Bancorp, Inc. /MD/ (MBBC)
CIK:        0001835385
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001104659-24-128042
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marathon Bancorp adopts second-step conversion; MHC to merge into company
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- Marathon MHC, owning 57.4% of MBBC common stock, will cease to exist after conversion.
- Minority stockholders' shares exchanged via ratio preserving pre-conversion ownership percentages.
- Company will sell new shares in subscription/community offerings; expected completion Q2 2025.
- Transaction requires regulatory approval, depositor approval, and stockholder (including minority) vote.
- Eligible account holders as of Sept 30, 2023 get first priority subscription rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835385/000110465924128042/0001104659-24-128042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835385/000110465924128042/tm2430951d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-128042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer