---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000351"
form_type: "8-K"
ticker: "FDSB"
cik: "0002012726"
company_name: "Fifth District Bancorp, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:34:04.559712+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000943374-24-000351
- form_type: 8-K
- ticker: FDSB
- cik: 0002012726
- company_name: Fifth District Bancorp, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2012726/000094337424000351/0000943374-24-000351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2012726/000094337424000351/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000351
- JSON: https://secwatch.observer/filing/0000943374-24-000351.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000351.txt

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