Patriot National Bancorp Raises $5.5 Million in Registered Direct Offering With $1.25 Warrants
Patriot National Bancorp entered into a Securities Purchase Agreement with accredited investors for a registered direct equity offering. The company sold 4,782,608 shares at $1.15 per share and issued 956,522 five-year warrants, exercisable six months after closing at $1.25 per share. Gross proceed…