secwatch.observer — SEC 8-K summary
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Issuer:     QUAINT OAK BANCORP, INC. (QNTO)
CIK:        0001391933
Form:       8-K
Filed at:   2024-04-19T23:59:59+00:00
Accession:  0000927089-24-000063
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quaint Oak Bancorp sells 128,500 shares at $11.27 to Areti Bank for $1.45M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391933/000092708924000063/0000927089-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391933/000092708924000063/qnto20240418_8k.htm
  HTML page:      https://secwatch.observer/filing/0000927089-24-000063

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