Fifth District Savings Bank’s Quiet Period Will Expire on September 10th (NASDAQ:FDSB)

Fifth District Savings Bank’s (NASDAQ:FDSB) quiet period is set to end on Tuesday, September 10th. Fifth District Savings Bank had issued 5,459,473 shares in its IPO on August 1st. The total size of the offering was $54,594,730 based on an initial share price of $10.00. During Fifth District Savings Bank’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Fifth District Savings Bank Stock Performance

Shares of NASDAQ FDSB opened at $10.52 on Tuesday. Fifth District Savings Bank has a fifty-two week low of $9.85 and a fifty-two week high of $10.80.

About Fifth District Savings Bank

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.