Patriot National Bancorp Announces Completion of $10M Registered Direct Offering
STAMFORD, Conn., June 05, 2025 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (NASDAQ: PNBK) (the “Company”), the parent company of Patriot Bank, N.A., today announced that it has successfully completed a registered direct offering of 8,524,160 shares of its common stock at a purchase price of $1.25 per share, raising gross proceeds of $10,655,200. The registered direct offering follows the Company’s March 20, 2025 private placement that raised over $50 million in gross proceeds from a diver