secwatch.observer — SEC 8-K summary
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Issuer:     PATRIOT NATIONAL BANCORP INC (PNBK)
CIK:        0001098146
Form:       8-K
Filed at:   2025-09-11T23:59:59+00:00
Accession:  0001437749-25-028851
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098146/000143774925028851/0001437749-25-028851-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098146/000143774925028851/pnbk20250911_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-028851

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