FB Bancorp completes mutual-to-stock conversion IPO, raises $198.4M

FB Bancorp, Inc. /MD/

Sold 19.84M shares at $10.00/share, gross proceeds ~$198.4M.
Shares expected to start trading on Nasdaq on Oct 23 under ticker 'FBLA'.
Conversion from mutual to stock form effective October 22, 2024.
Total shares outstanding: 19,837,500.
Employee Stock Ownership Plan purchased 586,655 shares.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.