Hoyne Bancorp, Inc. announced the closing of its subscription offering in connection with the conversion of Hoyne Savings, MHC to a stock holding company structure.
The Company sold 7,935,000 shares of Common Stock at $10.00 per share for gross offering proceeds of approximately $79.4 million.
Trading of the Company's common stock on the Nasdaq Capital Market under the symbol 'HYNE' is expected to begin on December 4, 2025.
Offering Details
7,935,000 shares of Common Stock sold at $10.00 per share, grossing $79.4 million.
Subscriber Refunds
Subscription orders by first category eligible depositors filled, others to be refunded as per prospectus.
Stock Transfer Information
Direct Registration System Book-Entry statements to be mailed by Pacific Stock Transfer.
- The Subscription Offering was oversubscribed and filled as per priorities and allocation procedures.
- Stock trading may see delays due to possible market disruptions or other unforeseen circumstances.
Hoyne Bancorp successfully completed its Conversion and Stock Offering, marking a significant milestone for the Company's growth and capitalization.