other material
confidence high
sentiment positive
materiality 0.80
Hoyne Bancorp completes oversubscribed subscription offering; conversion and Nasdaq listing expected early December 2025
Hoyne Bancorp, Inc.
- Subscription offering oversubscribed in first category; eligible account holders as of March 31, 2024 get allocation priority.
- Members of Hoyne Savings, MHC approved Plan of Conversion and establishment of Hoyne Charitable Foundation.
- Conversion and stock offering expected to close early December 2025; stock to trade on Nasdaq under symbol "HYNE".
- Keefe, Bruyette & Woods acted as selling agent; final share count based on appraisal and regulatory approvals.