other material
confidence high
sentiment neutral
materiality 0.70
Hoyne Bancorp closes subscription offering and conversion; raises $79.4M
Hoyne Bancorp, Inc.
- Sold 7,935,000 shares at $10.00 each for gross proceeds of ~$79.4M.
- Includes 647,755 shares to ESOP; contributed 161,938 shares to charitable foundation.
- Total shares outstanding post-closing: 8,096,938.
- Common stock expected to begin trading on Nasdaq Dec 4, 2025 under symbol HYNE.
- Subscription offering was oversubscribed; excess subscriptions refunded with interest.