Marathon Bancorp Files S-1/A Amendment
Ticker: MBBC · Form: S-1/A · Filed: Feb 6, 2025 · CIK: 1835385
Sentiment: neutral
Topics: sec-filing, s-1/a, financials
TL;DR
Marathon Bancorp filed an S-1/A amendment on 2/6/25 with $2.16B assets and $2.14B liabilities as of 9/30/24.
AI Summary
Marathon Bancorp, Inc. filed an S-1/A amendment on February 6, 2025, related to its public offering. The filing includes financial data for the period ending September 30, 2024, with total assets reported at $2.16 billion and total liabilities at $2.14 billion.
Why It Matters
This S-1/A filing provides updated financial information for Marathon Bancorp, Inc., which is crucial for investors to assess the company's financial health and potential risks before any securities offering.
Risk Assessment
Risk Level: medium — S-1/A filings are typically associated with new securities offerings, which inherently carry market and execution risks for the issuing company and investors.
Key Numbers
- $2.16B — Total Assets (As of September 30, 2024)
- $2.14B — Total Liabilities (As of September 30, 2024)
- $991,693 — Property, Plant and Equipment Net (As of September 30, 2024)
- $910,340 — Other Liabilities (As of September 30, 2024)
Key Players & Entities
- Marathon Bancorp, Inc. (company) — Filer of the S-1/A amendment
- 0001835385 (company) — Central Index Key for Marathon Bancorp, Inc.
- 20250206 (date) — Filing date of the S-1/A amendment
- 20240930 (date) — Period end date for financial data presented
FAQ
What is the purpose of this S-1/A filing?
This S-1/A filing is an amendment to a previously filed registration statement, typically to update information or provide additional details regarding a securities offering.
What is the total asset value reported by Marathon Bancorp, Inc. as of September 30, 2024?
Marathon Bancorp, Inc. reported total assets of $2,157,497 as of September 30, 2024.
What is the total liability value reported by Marathon Bancorp, Inc. as of September 30, 2024?
Marathon Bancorp, Inc. reported total liabilities of $2,140,412 as of September 30, 2024.
When was this S-1/A amendment filed with the SEC?
This S-1/A amendment was filed with the SEC on February 6, 2025.
What is the Standard Industrial Classification (SIC) code for Marathon Bancorp, Inc.?
The SIC code for Marathon Bancorp, Inc. is 6036, which corresponds to Savings Institutions, Not Federally Chartered.
Filing Stats: 4,646 words · 19 min read · ~15 pages · Grade level 14.8 · Accepted 2025-02-06 16:51:32
Key Financial Figures
- $10.00 — ring shares of common stock for sale at $10.00 per share in connection with the conver
- $50 — aggregate account balances of at least $50 at the close of business on September 3
- $250 — thon Bancorp common stock, which equals $250. The prospectus describes maximum purch
- $4,277,101 — of December 31, 2023, was approximately $4,277,101. How to Order Common Stock Through th
- $10 — llar amount portion (in an increment of $10) of your total 401(k) Plan account bala
- $600,000 — , may purchase more than 60,000 shares ($600,000) of common stock, and no person or enti
Filing Documents
- mara-20240930xs1a.htm (S-1/A) — 17965KB
- mara-20240930xex1d1.htm (EX-1.1) — 77KB
- mara-20240930xex1d2.htm (EX-1.2) — 231KB
- mara-20240930xex23d2.htm (EX-23.2) — 2KB
- mara-20240930xex99d1.htm (EX-99.1) — 42KB
- mara-20240930xex99d4.htm (EX-99.4) — 41KB
- mara-20240930xex99d5.htm (EX-99.5) — 36KB
- mara-20240930xexfees.htm (EX-FILING FEES) — 25KB
- mara-20240930xs1a001.jpg (GRAPHIC) — 18KB
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- 0001410578-25-000082.txt ( ) — 55570KB
- mara-20240930.xsd (EX-101.SCH) — 110KB
- mara-20240930_cal.xml (EX-101.CAL) — 135KB
- mara-20240930_def.xml (EX-101.DEF) — 561KB
- mara-20240930_lab.xml (EX-101.LAB) — 791KB
- mara-20240930_pre.xml (EX-101.PRE) — 1152KB
- mara-20240930xs1a_htm.xml (XML) — 8813KB
RISK FACTORS
RISK FACTORS S-1 THE OFFERING S-2 Securities Offered S-2 Election to Purchase Marathon Bancorp, Inc. Common Stock S-2 Purchase Priorities S-3 Purchases in the Stock Offering and Oversubscriptions S-4 Nature of a Participant's Interest in the Common Stock S-4 Minimum and Maximum Investment S-5 Value of 401(k) Plan Assets S-5 How to Order Common Stock Through the 401(k) Plan During the Offering S-5 Special Investment Election Form Delivery Deadline S-6 Irrevocability of Transfer Direction S-6 Future Direction to Purchase and Sell Common Stock S-6 Voting Rights of Common Stock S-6 DESCRIPTION OF THE 401(k) PLAN S-7 Introduction S-7 Eligibility and Participation S-7 Contributions under the 401(k) Plan S-7 Limitations on Contributions S-8 Benefits Under the 401(k) Plan S-8 Investment of Contributions and Account Balances S-8 Performance History S-9 Description of the Investment Funds S-10 Marathon Bancorp, Inc. Stock Fund S-15 Administration of the 401(k) Plan S-16 Amendment and Termination S-16 Merger, Consolidation or Transfer S-16 Federal Income Tax Consequences S-16 Notice of Your Rights Concerning Employer Securities S-17 Additional Employee Retirement Income Security Act, as amended, Considerations S-18 Securities and Exchange Commission Reporting and Short-Swing Profit Liability S-18 Financial Information Regarding Plan Assets S-18 LEGAL OPINION S-19 Table of Contents
RISK FACTORS
RISK FACTORS In addition to considering the material risks disclosed under "Risk Factors" beginning on page 16 of the attached prospectus, you should also consider the following: If you elect to purchase Marathon Bancorp common stock using your 401(k) Plan account balance and the stock offering is oversubscribed, you will bear the risk of price changes in the investment funds of the 401(k) Plan. If you elect to purchase Marathon Bancorp common stock using your 401(k) Plan account balance, the 401(k) Plan trustee will sell the designated dollar amount within your 401(k) Plan account pro rata among your investment fund balances (other than the existing Marathon Bancorp Stock Fund). If the stock offering is oversubscribed ( i.e., there are more orders for Marathon Bancorp common stock than shares available for sale in the stock offering) and the 401(k) Plan trustee cannot use any or all of the funds you allocate to purchase Marathon Bancorp common stock in the stock offering, the funds that cannot be invested in Marathon Bancorp common stock, and any interest earned on those funds, will be reinvested in your existing investment funds of the 401(k) Plan (other than the existing Marathon Bancorp Stock Fund), according to your then existing investment elections ( i.e., in the same proportion as your investment direction for future contributions). During the period from when the 401(k) Plan trustee sells a percentage of each of your investment funds until reinvestment of some or all of those funds back into your investment funds as a result of an oversubscription, you will bear the risk of price changes in the investment funds. It is possible that during this period some or all of the investment funds may have increased in value more than the amount of any interest you may have earned on the reinvested funds before reinvestment. See "The Offering – Purchases in the Stock Offering and Oversubscriptions" in this prospectus supplement. S-1 Table of Contents THE OFFER