{"schema_version":"secwatch.filing_event.v1","accession":"0000927089-24-000034","form_type":"8-K","ticker":"QNTO","cik":"0001391933","company_name":"QUAINT OAK BANCORP, INC.","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.032001+00:00","generated_at":"2026-06-06T00:58:51.370355+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Quaint Oak Bancorp sells 3.4% stake to Fintech Holdings for $1M; may sell additional shares","bullets":["On Feb 14, 2024, Quaint Oak issued 84,818 shares at $11.79/share to Fintech Holdings for $1,000,004.","Fintech has option to buy up to 39,217 more shares (VWAP pricing) within 120 days, capped at 4.9% ownership.","Sale exempt under Section 4(a)(2) and Rule 506(b); Fintech represented as accredited investor.","Net proceeds will be used for general corporate purposes.","Post-sale, Fintech holds approximately 3.4% of Quaint Oak common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0000927089-24-000034","json":"https://secwatch.observer/filing/0000927089-24-000034.json","markdown":"https://secwatch.observer/filing/0000927089-24-000034.md","text":"https://secwatch.observer/filing/0000927089-24-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391933/000092708924000034/0000927089-24-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391933/000092708924000034/qnto20240214_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T00:58:51.370355+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":"7d5d38c292e43c2506b2a75d71da6afe7fedc0bb","claim":"QUAINT OAK BANCORP, INC. entered into Stock Purchase Agreement with Fintech Holdings LLC valued at up to 124,035 shares of common stock (effective 2024-02-14).","evidence_excerpt":"On February 14, 2024, Quaint Oak Bancorp, Inc., a Pennsylvania corporation and the holding company for Quaint Oak Bank (the \"Company\"), entered into a Stock Purchase Agreement (the “Purchase Agreement”) with Fintech Holdings LLC, a limited liability company incorporated in the Commonwealth of Puerto Rico (“Fintech”). Pursuant to the Purchase Agreement, the Company agreed to sell up to 124,035 shares of common stock, par value $0.01 per share, of the Company (“Common Stock”) to Fintech.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391933/000092708924000034/0000927089-24-000034-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Fintech Holdings LLC"},{"label":"Value","value":"up to 124,035 shares of common stock"},{"label":"Effective","value":"2024-02-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}