On March 20, 2025, Patriot National Bancorp completed a $57.75 million private placement of common and preferred stock, including 60.4 million shares of common stock at $0.75 each and 90,832 shares of preferred stock convertible into 7.27 million shares of common stock. Additionally, on March 24, 2025, David Finn resigned as CFO, effective May 15, 2025, to pursue other opportunities.