other material
confidence high
sentiment neutral
materiality 0.50
Marathon Bancorp enters agency agreement with Janney for stock offering marketing
Marathon Bancorp, Inc. /MD/
- Management fee of $50,000 (already paid) and success fee of $375,000 for shares sold in subscription and community offerings; success fee reduced by management fee.
- For syndicated community offering, Company will pay 6% of aggregate dollar amount of shares sold to Janney and other broker-dealers.
- Records agent fee of $50,000, with $5,000 earned and paid; can increase by $10,000 if material regulatory or plan changes occur.
- Shares offered under S-1 Registration Statement (No. 333-283805) with prospectus dated February 11, 2025.