---
schema_version: "secwatch.filing_event.v1"
accession: "0000927089-24-000063"
form_type: "8-K"
ticker: "QNTO"
cik: "0001391933"
company_name: "QUAINT OAK BANCORP, INC."
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T15:23:30.116635+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 sells 128,500 shares at $11.27 to Areti Bank for $1.45M

## Summary
- Sold 128,500 shares of common stock to Areti Bank International at $11.27/share for aggregate proceeds of $1,448,195.
- Shares represent approximately 4.9% of pro forma outstanding common stock.
- Transaction exempt from registration under Section 4(a)(2) and Rule 506(b) of Regulation D.
- Proceeds to be used for general corporate purposes.

## SEC filing metadata
- accession: 0000927089-24-000063
- form_type: 8-K
- ticker: QNTO
- cik: 0001391933
- company_name: QUAINT OAK BANCORP, INC.
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391933/000092708924000063/0000927089-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391933/000092708924000063/qnto20240418_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-24-000063
- JSON: https://secwatch.observer/filing/0000927089-24-000063.json
- Plain text: https://secwatch.observer/filing/0000927089-24-000063.txt

## Key facts
- Material Agreements
  QUAINT OAK BANCORP, INC. entered into Stock Purchase Agreement with Areti Bank International Inc. valued at $1,448,195 aggregate proceeds for 128,500 shares at $11.27 per share (effective 2024-04-19).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Areti Bank International Inc.
  - Value: $1,448,195 aggregate proceeds for 128,500 shares at $11.27 per share
  - Effective: 2024-04-19
  source text: On April 19, 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 Areti Bank International Inc., an international banking entity incorporated in the Commonwealth of Puerto Rico (“Areti Bank”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391933/000092708924000063/0000927089-24-000063-index.htm

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