secwatch.observer — SEC 8-K summary
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Issuer:     Fifth District Bancorp, Inc. (FDSB)
CIK:        0002012726
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000943374-24-000351
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012726/000094337424000351/0000943374-24-000351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012726/000094337424000351/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-24-000351

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer