---
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"
generated_at: "2026-06-06T00:58:51.370355+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Quaint Oak Bancorp sells 3.4% stake to Fintech Holdings for $1M; may sell additional shares

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-24-000034
- JSON: https://secwatch.observer/filing/0000927089-24-000034.json
- Plain text: https://secwatch.observer/filing/0000927089-24-000034.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Fintech Holdings LLC
  - Value: up to 124,035 shares of common stock
  - Effective: 2024-02-14
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1391933/000092708924000034/0000927089-24-000034-index.htm

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