Fifth District Savings Bank’s (NASDAQ:FDSB – Get Free Report) quiet period will 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 the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Fifth District Savings Bank Price Performance
Shares of FDSB stock opened at $10.50 on Thursday. Fifth District Savings Bank has a 52-week low of $9.85 and a 52-week high of $10.80.
About Fifth District Savings Bank
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