ParkerVision announced the successful sale of 16,481,579 shares of its common stock at $0.21 per share.
The sale was part of a registered direct offering under the Company's Shelf Registration statement and raised approximately $3.46 million in gross proceeds.
Including previous sales, the Company has raised a total of approximately $4.46 million under its Shelf.
Sale Details
16,481,579 shares of common stock sold at $0.21 per share to accredited and institutional investors.
Fundraising Total
Company raised a total of approximately $4.46 million, including $1 million sold to a director.
Shelf Registration
Offer conducted under the Company's Shelf Registration statement declared effective by the SEC on May 28, 2025.
- ParkerVision's successful sale of common stock indicates investor interest in the company.
- The funds raised will support the company's continued development and licensing of advanced RF technologies.
ParkerVision's recent stock sale demonstrates investor confidence in the company's RF technologies and business strategy, providing essential funding for future growth and innovation in the wireless communications sector.