Hanover Bancorp Files Exempt Securities Offering Notice
Ticker: HNVR · Form: D · Filed: Mar 26, 2026 · CIK: 0001828588
Complexity: simple
Sentiment: neutral
Topics: exempt-offering, capital-raise, private-placement
TL;DR
**Hanover Bancorp is raising capital through a private offering.**
AI Summary
Hanover Bancorp, Inc. /MD filed a Form D on March 26, 2026, indicating a notice of an exempt offering of securities. This filing, with SEC Accession No. 0001828588-26-000001, means the company is raising capital without having to register the offering with the SEC, often used for private placements. For stockholders, this matters because it signals the company is seeking to raise funds, which could be for growth, debt repayment, or other corporate purposes, potentially impacting future share value depending on how the capital is deployed.
Why It Matters
This filing indicates Hanover Bancorp is raising capital, which could fuel expansion or strengthen its financial position, potentially boosting long-term stock value.
Risk Assessment
Risk Level: low — A Form D filing itself is a notice of an offering, not the offering itself, and doesn't inherently carry high risk unless the terms of the offering are unfavorable.
Analyst Insight
An investor should monitor subsequent filings or company announcements for details on the terms of this exempt offering, such as the amount raised and the intended use of proceeds, to assess its potential impact on the stock.
Key Players & Entities
- Hanover Bancorp, Inc. /MD (company) — the filer of the Form D
- 0001828588 (company) — the CIK (Central Index Key) for Hanover Bancorp, Inc. /MD
- 813324480 (company) — the EIN (Employer Identification Number) for Hanover Bancorp, Inc. /MD
FAQ
What is the purpose of a Form D filing by Hanover Bancorp, Inc. /MD?
A Form D is a notice of an exempt offering of securities, meaning Hanover Bancorp, Inc. /MD is raising capital without having to register the offering with the SEC, as indicated by the filing on March 26, 2026.
When was this specific Form D filing accepted by the SEC?
This Form D filing (SEC Accession No. 0001828588-26-000001) was accepted by the SEC on March 26, 2026, at 10:09:43.
What is the business address listed for Hanover Bancorp, Inc. /MD in this filing?
The business address for Hanover Bancorp, Inc. /MD, as stated in the filing, is 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501.
What is the SIC code for Hanover Bancorp, Inc. /MD according to this filing?
The SIC (Standard Industrial Classification) code for Hanover Bancorp, Inc. /MD is 6022, which corresponds to 'State Commercial Banks'.
What is the fiscal year end for Hanover Bancorp, Inc. /MD?
According to the filing, the fiscal year end for Hanover Bancorp, Inc. /MD is December 31 (1231).
Filing Stats: 1,829 words · 7 min read · ~6 pages · Grade level 20 · Accepted 2026-03-26 10:09:43
Key Financial Figures
- $1 — enues No Aggregate Net Asset Value $1 - $1,000,000 $1 - $5,000,000 $1,000,
- $1,000,000 — No Aggregate Net Asset Value $1 - $1,000,000 $1 - $5,000,000 $1,000,001 - $5,000,
- $5,000,000 — Net Asset Value $1 - $1,000,000 $1 - $5,000,000 $1,000,001 - $5,000,000 $5,000,001
- $1,000,001 — e $1 - $1,000,000 $1 - $5,000,000 $1,000,001 - $5,000,000 $5,000,001 - $25,000,000
- $5,000,001 — $5,000,000 $1,000,001 - $5,000,000 $5,000,001 - $25,000,000 $5,000,001 - $25,000,000
- $25,000,000 — $1,000,001 - $5,000,000 $5,000,001 - $25,000,000 $5,000,001 - $25,000,000 $25,000,001
- $25,000,001 — $25,000,000 $5,000,001 - $25,000,000 $25,000,001 - $50,000,000 $25,000,001 - $100,000,0
- $50,000,000 — 5,000,001 - $25,000,000 $25,000,001 - $50,000,000 $25,000,001 - $100,000,000 $50,000,0
- $100,000,000 — 25,000,001 - $50,000,000 $25,000,001 - $100,000,000 $50,000,001 - $100,000,000 Over $1
- $50,000,001 — 0,000,000 $25,000,001 - $100,000,000 $50,000,001 - $100,000,000 Over $100,000,000 O
Filing Documents
- primary_doc.html (D)
- primary_doc.xml (D) — 23KB
- 0001828588-26-000001.txt ( ) — 24KB
From the Filing
Form D FORM D Notice of Exempt Offering of Securities UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. OMB APPROVAL OMB Number: 3235-0076 Estimated Average burden hours per response: 4.0 1. Issuer's Identity CIK (Filer ID Number) Previous Name(s) None Entity Type Hanover Bancorp, Inc. /NY Corporation Limited Partnership Limited Liability Company General Partnership Business Trust Other Name of Issuer Hanover Bancorp, Inc. /MD Jurisdiction of Incorporation/Organization MARYLAND Year of Incorporation/Organization Over Five Years Ago Within Last Five Years (Specify Year) 2024 Yet to Be Formed 2. Principal Place of Business and Contact Information Name of Issuer Hanover Bancorp, Inc. /MD Street Address 1 Street Address 2 80 EAST JERICHO TURNPIKE MINEOLA NEW YORK 11501 (516) 548-8500 3. Related Persons Last Name First Name Middle Name Burke Lance P. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Senior Executive Vice President and Chief Financial Officer Last Name First Name Middle Name Puorro Michael P. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Chairman & Chief Executive Officer Last Name First Name Middle Name Burns Joseph F. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) EVP & Chief Lending Officer Last Name First Name Middle Name Corbett Kevin Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) EVP & Chief Credit Officer Last Name First Name Middle Name Diiorio Lisa A. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) FSVP & Chief Accounting Officer Last Name First Name Middle Name Vivona John P. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) EVP & Chief Risk Officer Last Name First Name Middle Name Wilcox McClelland W. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) President Last Name First Name Middle Name Abraham Varkey Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Golden Robert Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Haspel Ahron H. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Katz Michael D. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Negrin Metin Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Okun Philip A. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Sisti Elena Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Sorrenti John R. Street Address 1 Street Address 2 80 East Jericho Turnpike Mineola NEW YORK 11501 Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name T