Patriot National Bancorp prices $6.6M direct offering of 5.74M shares at $1.15 with warrants

Filed September 24, 2026 · ~1 min read

Key Changes

• high

  Patriot National Bancorp is offering 5,739,130 shares at $1.15 per share directly to accredited investors, raising $6.6M gross for the company.

  The Offering verify on EDGAR →
• high

  Net proceeds to the company are approximately $5.2M after expenses, to be used for general corporate purposes with at least two-thirds contributed to the Bank within the first year.

  Use of Proceeds verify on EDGAR →
• medium

  Investors receive one warrant for every five shares purchased, exercisable after six months at $1.25 per share, which will dilute existing shareholders if exercised.

  The Offering verify on EDGAR →