UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
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ITEM 8.01 – OTHER EVENTS
As previously announced, on May 13, 2022, Hanover Bancorp, Inc. (“the Company”) closed upon its initial public offering of 1,275,000 shares of its Common Stock at a price of $21.00 per share, pursuant to the terms of that certain Underwriting Agreement dated as of May 10, 2022 by and among the Company, its wholly owned subsidiary Hanover Community Bank, and Stephens, Inc., as Representative of the Underwriters set forth therein (collectively, the “Underwriters”).
The Company also granted the Underwriters a 30-day option to purchase up to an additional 191,250 shares of common stock to cover overallotments, if any.
On June 2, 2022, the Company received a notice that the Underwriters had elected to fully exercise their overallotment option for an additional 191,250 shares of common stock at the price of $21.00 per share. The closing of the overallotment option took place on June 6, 2022. With the exercise of the overallotment option, an aggregate of 1,466,250 shares of the Company’s common stock were issued in the offering.
A copy of the press release announcing the exercise of the overallotment option is “furnished” as Exhibit 99.1 to this Current Report on Form 8-K. The information in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or incorporated by reference into any filing under the Securities Act or the Exchange Act.
ITEM 9.01 - FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
The following Exhibits are furnished as part of this report:
Exhibit 99.1 | |
Exhibit 104 | Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HANOVER BANCORP, INC. | |||
Date: June 6, 2022 | By: | /s/ Lance P. Burke | |
Lance P. Burke | |||
Executive Vice President & Chief Financial Officer | |||
(Principal Financial Officer) | |||