Patriot National Bancorp completes $10.7M registered direct offering at $1.25/share

PATRIOT NATIONAL BANCORP INC

Gross proceeds of $10,655,200 from sale of 8,524,160 shares at $1.25 per share.
Follows $50M private placement completed March 20, 2025; combined capital raise over $60M.
Offered under Form S-3 shelf (File No. 333-287283), effective May 22, 2025.
Proceeds to strengthen balance sheet and support strategic objectives.
Performance Trust Capital Partners acted as capital markets adviser.

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