Patriot National Bancorp repays remaining $3.08M Senior Notes due 2026, obligations satisfied

PATRIOT NATIONAL BANCORP INC

Originally issued $12M in 8.50% Fixed Rate Senior Notes due 2026 in December 2022.
Remaining principal and unpaid interest of $3,081,380.97 fully repaid in cash on September 5, 2025.
Conversion by certain noteholders to common stock under March 2025 amendments reduced outstanding balance.
Amendments from $57.75M private placement allowed early prepayment without penalty.
All commitments and obligations under the Senior Notes are now satisfied.

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