{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-019363","form_type":"8-K","ticker":"PNBK","cik":"0001098146","company_name":"PATRIOT NATIONAL BANCORP INC","filed_at":"2025-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.515123+00:00","generated_at":"2026-05-19T23:34:07.134181+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Patriot National Bancorp raises ~$10.5M in registered direct offering of 8.5M shares at $1.25/share","bullets":["Issued 8,524,160 shares at $1.25 each in registered direct offering to accredited investors.","Net proceeds expected ~$10.47 million for general corporate purposes (capex, working capital, G&A).","No placement agent or underwriter used; closing expected on or about June 5, 2025.","Shares issued under existing S-3 shelf registration effective May 22, 2025 (File No. 333-287283).","Securities Purchase Agreement with customary representations, warranties, and closing conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-019363","json":"https://secwatch.observer/filing/0001437749-25-019363.json","markdown":"https://secwatch.observer/filing/0001437749-25-019363.md","text":"https://secwatch.observer/filing/0001437749-25-019363.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925019363/0001437749-25-019363-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925019363/pnbk20250603_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T23:34:07.134181+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"}