secwatch.observer — SEC 8-K summary
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Issuer:     Catalyst Bancorp, Inc. (CLST)
CIK:        0001849867
Form:       8-K
Filed at:   2021-10-13T23:59:59+00:00
Accession:  0001104659-21-125667
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849867/000110465921125667/0001104659-21-125667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849867/000110465921125667/tm2129658d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-125667

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