---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-032876"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T15:38:09.674600+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sarcos Technology and Robotics renames to Palladyne AI; regains Nasdaq minimum bid compliance

## Summary
- Name changed to Palladyne AI Corp effective March 18, 2024; ticker changes to PDYN on April 8, 2024.
- Defense business continues as Sarcos Defense; AI software focus 'brain over brawn'.
- Regained compliance with Nasdaq $1.00 minimum bid price requirement; notice received March 11, 2024.
- Stockholder vote not required; CUSIP numbers unchanged until ticker change.

## SEC filing metadata
- accession: 0000950170-24-032876
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000095017024032876/0000950170-24-032876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000095017024032876/strc-20240311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-032876
- JSON: https://secwatch.observer/filing/0000950170-24-032876.json
- Plain text: https://secwatch.observer/filing/0000950170-24-032876.txt

## Key facts
- Governance Changes
  Palladyne AI Corp.: Company changed name to Palladyne AI Corp. via a Certificate of Amendment to the Amended and Restated Certificate of Incorporation (effective 2024-03-18).
  - Change: charter amendment
  - Effective: 2024-03-18
  source text: Effective March 18, 2024, Sarcos Technology and Robotics Corporation (the “Company”) changed its name to Palladyne AI Corp. (the “Name Change”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826681/000095017024032876/0000950170-24-032876-index.htm
- Governance Changes
  Palladyne AI Corp.: Board approved an amendment and restatement of the Company’s bylaws to reflect name change and remove expired lock-up provisions (effective 2024-03-18).
  - Change: bylaw amendment
  - Effective: 2024-03-18
  source text: Additionally, effective March 18, 2024, the Board approved an amendment and restatement of the Company’s bylaws (the “Amended and Restated Bylaws”) to reflect the Name Change and to remove expired lock-up provisions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826681/000095017024032876/0000950170-24-032876-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.