Five District Savings Bank’s quiet period will expire on September 10 (NASDAQ:FDSB)

Fifth District Savings Bank (NASDAQ:FDSB – Get Your Free Report )’s quiet period will end on Tuesday, September 10th. Fifth District Savings Bank issued 5,459,473 shares in its August 1 public offering. The total offering was $54,594,730 based on an initial share price of $10.00. During District Five Savings Bank’s quiet period, insiders and any underwriters who worked on the IPO are prevented from issuing research reports for the company due to SEC regulations. After the end of the company’s quiet period, brokerages that served as underwriters of the stock are expected to initiate research coverage on the company.

Fifth District Savings Bank Price Performance

Shares of FDSB stock opened at $10.51 on Tuesday. Fifth District Savings Bank has a 12-month low of $9.85 and a 12-month high of $10.80.

About Fifth District Savings Bank

(Get a free report)

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

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