Hoyne Bancorp receives final approvals for stock conversion; closing set for Dec. 3
Hoyne Bancorp, the proposed holding company for Hoyne Savings Bank, said all final regulatory approvals have been received for the conversion of Hoyne Savings, MHC from mutual holding company to stock form. The subscription offering and conversion are expected to close on December 3, 2025, with common stock expected to begin trading on the Nasdaq Capital Market under HYNE on December 4, 2025. The company expects 8,096,938 shares to be outstanding after the conversion, which would be the basis for shareholder ownership going forward.
Key points
- Expected closing of the subscription offering and conversion: December 3, 2025
- Expected Nasdaq Capital Market trading start under HYNE: December 4, 2025
- Company expects to sell 7,935,000 shares at $10.00 per share, including 647,755 shares for the ESOP
- Expected total of 8,096,938 shares outstanding, including 161,938 shares to Hoyne Charitable Foundation, Inc.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.