secwatch.observer — SEC 8-K summary
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Issuer:     PATRIOT NATIONAL BANCORP INC (PNBK)
CIK:        0001098146
Form:       8-K
Filed at:   2026-09-24T20:33:26+00:00
Accession:  0001437749-26-031152
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patriot National Bancorp raises ~$5.5M in registered direct offering of common stock and warrants
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- Issued 4,782,608 voting common shares at $1.15/share and 956,522 five-year warrants exercisable at $1.25 per share.
- Gross proceeds ~$5.5M; estimated offering expenses $350,000; no underwriter or placement agent.
- Proceeds to be invested in wholly-owned bank subsidiary Patriot Bank, N.A. and for general corporate purposes.
- Warrants exercisable no earlier than six months after closing, subject to Non-Control Conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098146/000143774926031152/0001437749-26-031152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098146/000143774926031152/pnbk20260923c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-031152

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