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