{"schema_version":"secwatch.filing_event.v1","accession":"0000927089-22-000126","form_type":"8-K","ticker":"QNTO","cik":"0001391933","company_name":"QUAINT OAK BANCORP, INC.","filed_at":"2022-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.418255+00:00","generated_at":"2026-06-21T05:16:38.856451+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Quaint Oak sells ~4.9% stake to FNCB at $22.50/sh; second closing up to 9.9% pending regulatory OK","bullets":["Sold 105,904 shares (4.9% of outstanding) to FNCB Bancorp on Dec. 12, 2022 for $2,382,840 at $22.50/share.","Agreement permits up to 116,292 additional shares (second closing) capped at 9.9% beneficial ownership.","Second closing subject to Federal Reserve approval, no MAE, and must close by March 12, 2023.","Company to contribute $2.3M of net proceeds to Quaint Oak Bank for general corporate purposes.","PNC FIG Advisory served as exclusive placement agent for the offering."],"urls":{"canonical":"https://secwatch.observer/filing/0000927089-22-000126","json":"https://secwatch.observer/filing/0000927089-22-000126.json","markdown":"https://secwatch.observer/filing/0000927089-22-000126.md","text":"https://secwatch.observer/filing/0000927089-22-000126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391933/000092708922000126/0000927089-22-000126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391933/000092708922000126/qnto20221212_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T05:16:38.856451+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"69ef28dae9e72974e4682dd2f1a713abf4f9152b","claim":"QUAINT OAK BANCORP, INC. entered into Purchase Agreement with FNCB Bancorp, Inc. valued at up to 222,196 shares of common stock, par value $0.01 per share (effective 2022-12-12).","evidence_excerpt":"On December 12, 2022, Quaint Oak Bancorp, Inc. (the \"Company\") entered into a Stock Purchase Agreement (the “Purchase Agreement”) with FNCB Bancorp, Inc. (“FNCB”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391933/000092708922000126/0000927089-22-000126-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"FNCB Bancorp, Inc."},{"label":"Value","value":"up to 222,196 shares of common stock, par value $0.01 per share"},{"label":"Effective","value":"2022-12-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}