---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-015915"
form_type: "8-K"
ticker: "PNBK"
cik: "0001098146"
company_name: "PATRIOT NATIONAL BANCORP INC"
filed_at: "2022-06-24T23:59:59+00:00"
generated_at: "2026-06-24T23:11:31.203104+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Patriot National Bancorp extends $12M senior notes maturity to Dec 2022, rate up to 7.50%

## Summary
- Extended $12M in 7% Senior Notes due June 30, 2022 to December 31, 2022.
- Interest rate increases to 7.25% from July 1 to Sep 30, 2022, then to 7.50% thereafter.
- Extension provides additional time to complete proposed merger with American Challenger Development Corp.
- Merger remains subject to closing conditions, shareholder and regulatory approvals nearing conclusion.

## SEC filing metadata
- accession: 0001437749-22-015915
- form_type: 8-K
- ticker: PNBK
- cik: 0001098146
- company_name: PATRIOT NATIONAL BANCORP INC
- filed_at: 2022-06-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098146/000143774922015915/0001437749-22-015915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098146/000143774922015915/pnbk20220624_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-015915
- JSON: https://secwatch.observer/filing/0001437749-22-015915.json
- Plain text: https://secwatch.observer/filing/0001437749-22-015915.txt

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