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Quontic Bank Acquisition Corp: Announces $8M Investment in a Private Placement

Quontic Bank Acquisition Corp: Announces $8M Investment in a Private Placement

  • Quontic is also the Adaptive Digital Bank®, offering entrepreneurs, immigrants, millennials, low-income families, seniors
  • Secured One of the Lowest Coupons for a Bank With Under $20 Billion
  • Quontic’s net proceeds from the offering also used for general corporate purposes
  • The capital will also allow Quontic, as the Adaptive Digital Bank®, to accelerate its current mission
  • This type of investment is the first of its kind for a CDFI bank and we thank our new partners for their participation in the Offering
  • Performance Trust Capital Partners served as exclusive financial advisor to Quontic and sole placement agent

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