{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-017539","form_type":"8-K","ticker":"PNBK","cik":"0001098146","company_name":"PATRIOT NATIONAL BANCORP INC","filed_at":"2022-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.977872+00:00","generated_at":"2026-06-24T09:50:59.549233+00:00","sec_items":["1.01","1.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Patriot National Bancorp and American Challenger mutually terminate merger agreement","bullets":["Termination effective July 18, 2022; boards of both companies approved unanimously.","Parties could not satisfy all closing conditions under current structure.","Active discussions for a modified transaction continue, but no assurance of a new agreement.","Related $540M private placement agreements with Oaktree, AG Credit, and Eagle Strait automatically terminated.","Mutual release of claims related to the Merger Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-017539","json":"https://secwatch.observer/filing/0001437749-22-017539.json","markdown":"https://secwatch.observer/filing/0001437749-22-017539.md","text":"https://secwatch.observer/filing/0001437749-22-017539.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098146/000143774922017539/0001437749-22-017539-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098146/000143774922017539/pnbk20220720_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T09:50:59.549233+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}