---
schema_version: "secwatch.filing_event.v1"
accession: "0000927089-23-000023"
form_type: "8-K"
ticker: "QNTO"
cik: "0001391933"
company_name: "QUAINT OAK BANCORP, INC."
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:08:59.978304+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Quaint Oak Bancorp issues $2.0M of 8.5% subordinated notes due 2025

## Summary
- Issued $2.0M aggregate principal of fixed-rate subordinated notes due March 15, 2025.
- Notes bear 8.50% annual interest, payable semi-annually on March 15 and September 15.
- Notes are unsecured and subordinated to senior debt, including depositor claims.
- Net proceeds from the private placement will be used for general corporate purposes.
- Notes sold to accredited investors in reliance on Rule 506(b) of Regulation D.

## SEC filing metadata
- accession: 0000927089-23-000023
- form_type: 8-K
- ticker: QNTO
- cik: 0001391933
- company_name: QUAINT OAK BANCORP, INC.
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000023/0000927089-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000023/qnto20230321_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-23-000023
- JSON: https://secwatch.observer/filing/0000927089-23-000023.json
- Plain text: https://secwatch.observer/filing/0000927089-23-000023.txt

## Key facts
- Material Agreements
  QUAINT OAK BANCORP, INC. entered into Subscription Agreement with accredited investors valued at $2.0 million (effective 2023-03-15).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: accredited investors
  - Value: $2.0 million
  - Effective: 2023-03-15
  source text: On March 15, 2023, Quaint Oak Bancorp, Inc. (the “Company”) entered into a Subscription Agreement (the “Subscription Agreement”) with accredited investors under which the Company issued an aggregate of $2.0 million of fixed rate subordinated notes due March 15, 2025 (the “Notes”) in a private placement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000023/0000927089-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.