secwatch.observer — SEC 8-K summary
======================================

Issuer:     Hanover Bancorp, Inc. /MD (HNVR)
CIK:        0001828588
Form:       8-K
Filed at:   2022-05-13T23:59:59+00:00
Accession:  0001104659-22-060141
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanover Bancorp prices IPO at $21.00/share, raises $26.8M gross; closes on May 13
--------------------------------------------------------------------------------

- Priced 1,275,000 shares of common stock at $21.00 per share; gross proceeds ~$26.8 million.
- Net proceeds after underwriting discount and expenses expected to be ~$24.0 million.
- Underwriters granted a 30-day overallotment option to purchase up to 191,250 additional shares.
- Shares began trading on Nasdaq on May 11, 2022 under the symbol HNVR.
- Joint book-running managers: Stephens Inc. and Piper Sandler & Co.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828588/000110465922060141/0001104659-22-060141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828588/000110465922060141/tm2215466d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-060141

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer