secwatch.observer — SEC 8-K summary
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Issuer:     PATRIOT NATIONAL BANCORP INC (PNBK)
CIK:        0001098146
Form:       8-K
Filed at:   2025-06-06T23:59:59+00:00
Accession:  0001171843-25-003739
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098146/000117184325003739/0001171843-25-003739-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098146/000117184325003739/f8k_060525.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-003739

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