ParkerVision announced the sale of 4,761,905 shares of common stock at $0.21 per share to an independent director.
The transaction resulted in gross proceeds of $1,000,000.
The sale was part of a registered direct offering under the Company's Shelf Registration statement.
Sale Details
4,761,905 shares sold at $0.21 per share resulting in $1,000,000 gross proceeds.
Shelf Registration
The transaction was conducted under the Company's Shelf Registration statement filed in April 2025.
Patent Enforcement
ParkerVision engages in patent enforcement actions to protect its proprietary RF technologies.
- ParkerVision's sale of common stock signifies a strategic financial move for the company.
- The successful completion of the sale highlights investor confidence in ParkerVision's future prospects.
The sale of $1 million in common stock to a director demonstrates the company's commitment to financial growth and strategic investment decisions.