---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117760"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:42:36.487488+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Phunware terminates $30M equity purchase agreement with Lincoln Park Capital

## Summary
- Terminated the August 22, 2023 Purchase Agreement effective October 25, 2024.
- Agreement allowed sale of up to $30M of common stock over 24 months.
- Under the agreement, Phunware sold 164,106 shares for proceeds of ~$978,000.
- Company had the right to terminate for any reason with one business day notice.
- Certain provisions survive termination as detailed in the agreement.

## SEC filing metadata
- accession: 0000950170-24-117760
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000095017024117760/0000950170-24-117760-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000095017024117760/phun-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117760
- JSON: https://secwatch.observer/filing/0000950170-24-117760.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117760.txt

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