Patriot National Bancorp Inc. has approved share transactions involving the conversion of senior notes into common stock. Unity Bancorp Inc. converted its outstanding principal and accrued interest totaling $2,005,026.88 into 2,673,369 shares of common stock at $0.75 per share. Similarly, American Bank Incorporated converted its outstanding principal and accrued interest totaling $803,443.34 into 1,071,258 shares of common stock, also at $0.75 per share.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patriot National Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-024898), on August 05, 2025, and is solely responsible for the information contained therein.