---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000336"
form_type: "8-K"
ticker: "FDSB"
cik: "0002012726"
company_name: "Fifth District Bancorp, Inc."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:23:54.855132+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fifth District Bancorp IPO to close July 31; shares to trade on Nasdaq Aug 1 under FDSB

## Summary
- Mutual-to-stock conversion and IPO expected to close July 31, 2024, after regulatory approvals and member vote.
- Company will sell 5,459,473 shares at $10.00 each for gross proceeds of ~$54.6 million, including 444,758 ESOP shares.
- 100,000 shares issued to Fifth District Community Foundation; total outstanding shares will be 5,559,473.
- Trading on Nasdaq Capital Market under symbol FDSB to begin August 1, 2024.
- Subscription and community offerings closed June 18 and July 8; all valid orders filled per prospectus limits.

## SEC filing metadata
- accession: 0000943374-24-000336
- form_type: 8-K
- ticker: FDSB
- cik: 0002012726
- company_name: Fifth District Bancorp, Inc.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2012726/000094337424000336/0000943374-24-000336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2012726/000094337424000336/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000336
- JSON: https://secwatch.observer/filing/0000943374-24-000336.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000336.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.