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American Savings Bank, N.A. (ASBH) closed its upsized IPO of 8,057,240 shares and the underwriters’ full over-allotment of 1,208,586 shares at $16.00 per share. All shares were sold by existing stockholders; ASB received no proceeds.
American Savings Bank (NYSE: ASBH) said it closed its upsized initial public offering of 8,057,240 common shares sold by selling stockholders on September 17, 2026, and closed the subsequent over-allotment option exercise today.