{"schema_version":"secwatch.filing_event.v1","accession":"0000927089-23-000020","form_type":"8-K","ticker":"QNTO","cik":"0001391933","company_name":"QUAINT OAK BANCORP, INC.","filed_at":"2023-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.727786+00:00","generated_at":"2026-06-18T14:42:50.253578+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Quaint Oak Bancorp completes $12M subordinated debt offering at 8.50% due 2025","bullets":["Issued $12.0M aggregate principal of fixed-rate subordinated notes due March 15, 2025.","Notes bear interest at 8.50% per annum, payable semi-annually on March 15 and September 15.","Net proceeds to be used for general corporate purposes; notes redeemable after March 15, 2024.","Notes are unsecured, subordinated obligations ranking junior to all senior indebtedness.","PNC FIG Advisory served as exclusive placement agent for the private offering."],"urls":{"canonical":"https://secwatch.observer/filing/0000927089-23-000020","json":"https://secwatch.observer/filing/0000927089-23-000020.json","markdown":"https://secwatch.observer/filing/0000927089-23-000020.md","text":"https://secwatch.observer/filing/0000927089-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000020/0000927089-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000020/qnto20230228_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T14:42:50.253578+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":"d026ca21bb91665bfd387b4a6e8139f983a2e390","claim":"QUAINT OAK BANCORP, INC. incurred senior notes of $12.0 million with qualified institutional buyers at 8.50% maturing March 15, 2025.","evidence_excerpt":"On March 2, 2023, Quaint Oak Bancorp, Inc. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with qualified institutional buyers under which the Company issued an aggregate of $12.0 million of fixed rate subordinated notes due March 15, 2025 (the “Notes”) in a private placement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000020/0000927089-23-000020-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$12.0 million"},{"label":"Counterparty","value":"qualified institutional buyers"},{"label":"Rate","value":"8.50%"},{"label":"Maturity","value":"March 15, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"1fff0a7efce2d8bacb7f57e79a0159b12e86533d","claim":"QUAINT OAK BANCORP, INC. entered into Subordinated Note Purchase Agreement with qualified institutional buyers valued at $12.0 million (effective 2023-03-02).","evidence_excerpt":"On March 2, 2023, Quaint Oak Bancorp, Inc. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with qualified institutional buyers under which the Company issued an aggregate of $12.0 million of fixed rate subordinated notes due March 15, 2025 (the “Notes”) in a private placement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000020/0000927089-23-000020-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"qualified institutional buyers"},{"label":"Value","value":"$12.0 million"},{"label":"Effective","value":"2023-03-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}