American Savings Bank Announces Closing of Upsized Initial Public Offering and Full Over-Allotment Option ExerciseAmerican Savings Bank, N.A. (
NYSE: ASBH) (“ASB”) announced today the closing of its upsized initial public offering of 8,057,240 shares of its common stock sold by certain of its existing stockholders (the “Selling Stockholders”) on September 17, 2026, and the closing today of the subsequent exercise by the underwriters of their over-allotment option in full to purchase up to an additional 1,208,586 shares, at a price to the public of $16.00 per share. ASB did not receive any proceeds from the sale of the shares by the Selling Stockholders.
American Savings Bank Announces Pricing of Upsized Initial Public OfferingAmerican Savings Bank, N.A. (“ASB”) announced today the pricing of its upsized initial public offering of 8,057,240 shares of its common stock being sold by certain of its existing stockholders (the “Selling Stockholders”) at a price to the public of $16.00 per share. ASB will not receive any proceeds from the sale of the shares by the Selling Stockholders. The Selling Stockholders also granted the underwriters a 30-day option to purchase up to an additional 1,208,586 shares of common stock to cover over-allotments.
