---
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"
generated_at: "2026-05-17T08:43:47.536685+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Patriot National Bancorp raises ~$25.6M via registered direct offering of 31.99M shares and warrants at $1.25/share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-028159
- JSON: https://secwatch.observer/filing/0001437749-25-028159.json
- Plain text: https://secwatch.observer/filing/0001437749-25-028159.txt

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