M&A - Marathon Bancorp, Inc. /MD/

Form Type: 8-K

Filing Date: 2025-03-31

Corporate Action: Merger

Type: New

Accession Number: 000094337425000141

Filing Summary: On March 31, 2025, Marathon Bancorp, Inc. held a Special Meeting of Stockholders where significant matters were voted on. The first was the approval of a Plan of Conversion and Reorganization, involving the conversion of Marathon MHC and the Company from a mutual holding company structure to a stock holding company structure. This included the merger of Marathon MHC with and into the Company, as well as an amendment to the Company’s articles of incorporation. The voting results showed strong support, with 1,861,535 votes in favor, 1,055 against, and 300 abstentions when including Marathon MHC votes. Excluding Marathon MHC, 635,312 votes were in favor. The second matter voted on was the approval of the adjournment of the special meeting if necessary to solicit additional proxies; this also received overwhelming approval. Additionally, the members of Marathon MHC approved the Plan, and the Company issued a press release to announce stockholder and member approval along with the completion of the community offering.

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