---
schema_version: "secwatch.filing_event.v1"
accession: "0001518715-24-000184"
form_type: "8-K"
ticker: "MCHB"
cik: "0001518715"
company_name: "Mechanics Bancorp"
filed_at: "2024-11-19T23:59:59+00:00"
generated_at: "2026-05-29T22:28:41.720142+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HomeStreet and FirstSun mutually terminate merger agreement from Jan 2024

## Summary
- Mutual termination effective Nov 18, 2024, under Section 8.1(a) of the Merger Agreement.
- Each party releases the other from all claims related to the Merger Agreement; confidentiality agreement survives.
- FirstSun to pay previously agreed expense reimbursement to HomeStreet for integration planning costs.
- Both parties to file 8-K before 9:00 AM Nov 19, 2024; agree to 5-year no-disparagement clause.
- Merger Agreement and side letter void; no liability except for surviving provisions.

## SEC filing metadata
- accession: 0001518715-24-000184
- form_type: 8-K
- ticker: MCHB
- cik: 0001518715
- company_name: Mechanics Bancorp
- filed_at: 2024-11-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1518715/000151871524000184/0001518715-24-000184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518715/000151871524000184/hmst-20241118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001518715-24-000184
- JSON: https://secwatch.observer/filing/0001518715-24-000184.json
- Plain text: https://secwatch.observer/filing/0001518715-24-000184.txt

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