---
schema_version: "secwatch.filing_event.v1"
accession: "0000927089-23-000068"
form_type: "8-K"
ticker: "QNTO"
cik: "0001391933"
company_name: "QUAINT OAK BANCORP, INC."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:16:54.383392+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Quaint Oak Bancorp's amended stock purchase pact with FNCB terminated after deadline

## Summary
- FNCB terminated the Amended Stock Purchase Agreement on May 2, 2023, as permitted.
- Sale of up to 116,292 additional shares not completed by the April 30, 2023 deadline.
- No termination penalties incurred by either party.
- Initial sale of 105,904 shares closed December 12, 2022 remains unaffected.
- Representations and warranties survive for one year after delivery of Shares.

## SEC filing metadata
- accession: 0000927089-23-000068
- form_type: 8-K
- ticker: QNTO
- cik: 0001391933
- company_name: QUAINT OAK BANCORP, INC.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000068/0000927089-23-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000068/qnto20230504_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-23-000068
- JSON: https://secwatch.observer/filing/0000927089-23-000068.json
- Plain text: https://secwatch.observer/filing/0000927089-23-000068.txt

## Key facts
- Material Agreements
  QUAINT OAK BANCORP, INC. terminated Amended Stock Purchase Agreement with FNCB Bancorp, Inc. (effective 2023-05-02).
  - Action: termination
  - Agreement: equity purchase
  - Counterparty: FNCB Bancorp, Inc.
  - Effective: 2023-05-02
  source text: Effective May 2, 2023, FNCB informed the Company that it was terminating the Amended Stock Purchase Agreement as permitted under the terms of the Amended Stock Purchase Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000068/0000927089-23-000068-index.htm

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