Hoyne Bancorp surged 10.71% after hours following its Nasdaq debut, with shares opening at $13.35, 34% above the $10 IPO price. The rally reflected strong investor demand amid the company’s transition from a depositor-owned mutual bank to a shareholder-owned institution, supported by a $79.4 million fundraising through the sale of 7.94 million shares. The stock’s post-market climb aligned with broader reports of its debut jumping as much as 36.4%, driven by positive market reception to its strategic shift and robust initial trading performance.
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