Quaint Oak Bancorp, Inc. announced that it has entered into a Stock Purchase Agreement with new investor, Areti Bank International Inc. that it has issued 128,500 shares of common stock, par value $0.01 per share, of the Company or approximately 4.9% of the pro forma outstanding shares of Common Stock, for a purchase price of $11.27 per share for aggregate proceeds of $1,448,195 on April 19, 2024.