{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-028159","form_type":"8-K","ticker":"PNBK","cik":"0001098146","company_name":"PATRIOT NATIONAL BANCORP INC","filed_at":"2025-09-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.336287+00:00","generated_at":"2026-05-17T08:43:47.536685+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Patriot National Bancorp raises ~$25.6M via registered direct offering of 31.99M shares and warrants at $1.25/share","bullets":["Offering consists of 19.2M voting common shares and 12.8M non-voting shares (via warrants), plus warrants for additional shares.","Proceeds expected ~$25.6M before $250k expenses; closing expected Sept 3, 2025.","Warrants exercisable after 6 months at $1.56/share, subject to increase to $1.685 under certain conditions.","Proceeds for general corporate purposes including working capital, debt repayment, capex.","No underwriter or placement agent; direct to accredited investors."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-028159","json":"https://secwatch.observer/filing/0001437749-25-028159.json","markdown":"https://secwatch.observer/filing/0001437749-25-028159.md","text":"https://secwatch.observer/filing/0001437749-25-028159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925028159/0001437749-25-028159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098146/000143774925028159/pnbk20250902_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:43:47.536685+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"}