Marathon Bancorp, Inc. Announces Commencement of Stock Offering
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Marathon Bancorp, Inc. has announced the commencement of a stock offering as part of its conversion from a mutual holding company to a fully stock holding company. The company plans to offer up to 1,897,500 shares, with a potential increase to 2,182,125 shares, priced at $10.00 each.
February 20, 2025 | 10:15 pm
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Marathon Bancorp, Inc. is initiating a stock offering to transition from a mutual holding company to a fully stock holding company, offering up to 2,182,125 shares at $10 each.
The stock offering is a significant corporate action that could impact the stock price by increasing the number of shares available in the market. This move is part of a strategic transition to a fully stock holding company, which may attract new investors and potentially increase market interest in MBBC.
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