---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-125667"
form_type: "8-K"
ticker: "CLST"
cik: "0001849867"
company_name: "Catalyst Bancorp, Inc."
filed_at: "2021-10-13T23:59:59+00:00"
generated_at: "2026-06-28T21:12:40.766831+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Catalyst Bancorp completes $52.9M IPO and mutual-to-stock conversion; shares to trade on Nasdaq under CLST

## Summary
- Sold 5,290,000 shares at $10.00/share for gross proceeds of approximately $52.9 million.
- Mutual-to-stock conversion of St. Landry Homestead Federal Savings Bank closed on October 12, 2021.
- Shares expected to begin trading on Nasdaq Capital Market on October 13, 2021 under ticker CLST.
- At June 30, 2021, the Bank had total assets of $238.6M, deposits $177.9M, and equity $50.7M.
- Subscription and community offerings fully filled; oversubscribed community offering subject to allocation.

## SEC filing metadata
- accession: 0001104659-21-125667
- form_type: 8-K
- ticker: CLST
- cik: 0001849867
- company_name: Catalyst Bancorp, Inc.
- filed_at: 2021-10-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849867/000110465921125667/0001104659-21-125667-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849867/000110465921125667/tm2129658d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-125667
- JSON: https://secwatch.observer/filing/0001104659-21-125667.json
- Plain text: https://secwatch.observer/filing/0001104659-21-125667.txt

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