FB Bancorp, Inc.’s (NASDAQ:FBLA) Quiet Period Will End Tomorrow

FB Bancorp’s (NASDAQ:FBLA) quiet period will expire on Monday, December 2nd. FB Bancorp had issued 19,837,500 shares in its initial public offering on October 23rd. The total size of the offering was $198,375,000 based on an initial share price of $10.00. During FB Bancorp’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

FB Bancorp Trading Up 0.4 %

Shares of FBLA stock opened at $12.04 on Friday. FB Bancorp has a one year low of $11.60 and a one year high of $12.71.

Insider Buying and Selling at FB Bancorp

In related news, Director Gerard W. Barousse, Jr. acquired 5,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was acquired at an average cost of $12.21 per share, with a total value of $61,050.00. Following the acquisition, the director now directly owns 5,000 shares in the company, valued at $61,050. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link.

About FB Bancorp

FB Bancorp Inc operates as a bank holding company for Fidelity Bank. The Company, through its subsidiaries, provides deposit accounts, mortgages, home equity and consumer loans, credit and debit cards, online and mobile banking, investments and other financial services. FB Bancorp Inc is based in New Orleans.