secwatch.observer — SEC 8-K summary
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Issuer:     FB Bancorp, Inc. /MD/ (FBLA)
CIK:        0002013639
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000943374-24-000429
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013639/000094337424000429/0000943374-24-000429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013639/000094337424000429/form8k_102224.htm
  HTML page:      https://secwatch.observer/filing/0000943374-24-000429

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