Hoyne Bancorp closes conversion and stock offering, sells 7,935,000 shares at $10.00
Hoyne Bancorp, Inc. announced the closing of its subscription offering tied to the conversion of Hoyne Savings, MHC to the stock holding company form. The company sold 7,935,000 shares at $10.00 per share, for gross proceeds of approximately $79.4 million before offering expenses, and expects its stock to begin trading on Nasdaq Capital Market as HYNE on December 4, 2025.
Key points
- Sold 7,935,000 shares at $10.00 per share, including 647,755 shares to the ESOP, for gross proceeds of approximately $79.4 million before expenses
- Contributed 161,938 additional shares to the Hoyne Charitable Foundation, Inc.; 8,096,938 shares are now outstanding
- Subscription offering expired November 5, 2025; trading on Nasdaq Capital Market expected to begin December 4, 2025
- Book-entry statements and refund and interest checks expected to be mailed on or about December 3, 2025
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 December 03, 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.