Company: PNBK
Filing Date: 2025-06-04
Form Type: 424B5
Source: 0001437749-25-019364
Chunk: 17

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-06-04
Form: 424B5
Chunk 17
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-K for the year ended December 31, 2024, which is incorporated by reference into this prospectus, as updated by our Quarterly Reports on Form 10-Q or Current Reports on Form 8-K that we have filed or will file with the SEC and that are incorporated by reference. See “Where You Can Find More Information” for information about how to obtain a copy of these documents. You should also carefully consider the risks and other information that may be contained in, or incorporated by reference into, any prospectus supplement relating to specific offerings of securities. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also materially and adversely affect our business and operations.

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USE OF PROCEEDS</div>

We intend to use the net proceeds from the sales of the securities in the manner and for the purposes that will be set forth in the applicable prospectus supplement, which may include general corporate purposes.

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DESCRIPTION OF CAPITAL STOCK</div>

The following description summarizes certain important terms of our capital stock as of the date of this prospectus as specified in our Certificate of Incorporation, as amended by our Certificates of Amendment and corrected, or“Certificate of Incorporation,”and Amended and Restated Bylaws, or“Bylaws.”Because the following description is only a summary, it does not contain all the information that may be important to you. For a complete description of the matters set forth in this section titled“Description of Capital Stock,”you should refer to the Certificate of Incorporation, the Bylaws, the Securities Purchase Agreements, or the“Purchase Agreements,”and the Registration Rights Agreements, copies or forms of which are included as exhibits to our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on April 15, 2025and incorporated by reference herein, and to the applicable provisions of the Connecticut Business Corporation Act, as amended, or the“CBCA,”and Bank Holding Company Act, as amended, or the“BHC Act.”

General

We are authorized to issue 100,000,000 shares of common stock, par value $0.01 per share, or “Common Stock,” and 1,000,000 shares of preferred stock, no par value per share, or “Preferred Stock,” of which 500,000 shares are designated as Series A Non-Cumulative Perpetual Convertible Preferred Stock, no par value per