{"schema_version":"secwatch.filing_event.v1","accession":"0001518715-24-000025","form_type":"8-K","ticker":"MCHB","cik":"0001518715","company_name":"Mechanics Bancorp","filed_at":"2024-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.469746+00:00","generated_at":"2026-06-06T23:09:33.559476+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"HomeStreet to merge with FirstSun in all-stock deal; HMST shareholders get 0.4345 FSUN shares, 37% premium","bullets":["HomeStreet shareholders receive 0.4345 FirstSun shares per HMST share, valued at $14.75 (37% premium to Jan 12 close).","Combined entity with ~$17B assets; pro forma 2025 ROA ~1.4%, ROATCE ~17%, and 30%+ EPS accretion.","$175M equity raise led by Wellington Management ($80M immediate, $95M at closing) to support balance sheet; CET1 >9%.","Merger expected mid-2024, subject to regulatory and shareholder approvals; combined company to list on NASDAQ.","Mark Mason (HomeStreet CEO) becomes Executive Vice Chairman; three HomeStreet directors join combined board."],"urls":{"canonical":"https://secwatch.observer/filing/0001518715-24-000025","json":"https://secwatch.observer/filing/0001518715-24-000025.json","markdown":"https://secwatch.observer/filing/0001518715-24-000025.md","text":"https://secwatch.observer/filing/0001518715-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518715/000151871524000025/0001518715-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518715/000151871524000025/hmst-20240116.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:09:33.559476+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}