Patriot Acquisition Corp. closes partial over-allotment, raises additional $15M in IPO

Patriot Acquisition Corp./CI

Closed sale of 1,500,000 additional units at $10.00/unit adding $15M gross proceeds; total units now 17,500,000.
Simultaneously sold 75,000 private placement warrants to KBW for $75,000.
Trust account now holds $175,875,000 from IPO and private placement.
Company is a blank-check SPAC targeting financial industry (FIG) with focus on fintech, specialty finance, digital banking.
Units trade on Nasdaq under PTACU; Class A shares and warrants to separately trade under PTAC and PTACW.

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