secwatch.observer — SEC 8-K summary
======================================

Issuer:     William Penn Bancorporation (—)
CIK:        0001828376
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001193125-25-108817
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

William Penn acquired by Mid Penn; shareholders get 0.426 Mid Penn shares per share
--------------------------------------------------------------------------------

- Acquisition closed on April 30, 2025; each WMPN share converted into 0.426 shares of Mid Penn common stock.
- Total consideration ~3.6M Mid Penn shares issued; up to 538,464 additional shares for stock option exercises.
- William Penn directors and officers ceased; Kenneth J. Stephon appointed to Mid Penn board as Class C director.
- WMPN common stock delisted from NASDAQ after close of trading on April 30, 2025.
- William Penn Bank merged into Mid Penn Bank; Mid Penn is surviving entity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828376/000119312525108817/0001193125-25-108817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828376/000119312525108817/d949092d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-108817

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