other material
confidence high
sentiment positive
materiality 0.70
FB Bancorp IPO to close Oct 22; shares start trading Oct 23 on Nasdaq under FBLA
FB Bancorp, Inc. /MD/
- Gross proceeds of ~$198.4M from 19.8M shares at $10.00 per share.
- All regulatory approvals received; members approved conversion on Oct 9, 2024.
- Subscription offering oversubscribed; Priority 1 orders filled fully, ESOP gets 586,655 shares.
- Priority 3 and 4 subscribers will receive full refunds for their stock orders.
- DRS book-entry statements and interest checks expected on or about Oct 23, 2024.