Fifth District Bancorp completes IPO, raises ~$54.6M, shares to trade on Nasdaq under FDSB

Fifth District Bancorp, Inc.

Sold 5,459,473 shares at $10.00 per share for gross proceeds of ~$54.6 million.
Also issued 100,000 shares to The Fifth District Community Foundation; total outstanding 5,559,473 shares.
Common stock expected to begin trading on Nasdaq Capital Market on August 1, 2024, under ticker FDSB.

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