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.
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