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Marathon Bancorp Raises $16.9M: Key Conversion Milestones Achieved

Summary by stocktitan.net
Marathon Bancorp secures $16.9M through community offering and gains crucial approvals for mutual-to-stock conversion. Final regulatory green light pending.
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ecnetnews.comecnetnews.com

Marathon Bancorp, Inc. Announces Completion of the Community Offering and Stockholder and Member Approvals for Pending Conversion Transaction

WAUSAU, Wis., March 31, 2025 (Ecnetnews.com) – Marathon Bancorp, Inc. (the “Company”) (OTC PINK:MBBC), the holding company for Marathon Bank (the “Bank”), announced today that that the community offering in connection with the conversion of Marathon MHC (the “MHC”) from mutual to stock form (the “Conversion”) was completed. Orders for $16.9 million of the Company’s common stock were accepted in the subscription offering and community offerings. …

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stocktitan.netstocktitan.net

Marathon Bancorp Raises $16.9M: Key Conversion Milestones Achieved

Marathon Bancorp secures $16.9M through community offering and gains crucial approvals for mutual-to-stock conversion. Final regulatory green light pending.

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stocktitan.net broke the news in on Monday, March 31, 2025.
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