secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0000950170-24-120166
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phunware signs $171.5M at-the-market equity distribution agreement with Canaccord
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- Amended and Restated Equity Distribution Agreement with Canaccord Genuity allows sales of up to $171,520,779 of common stock.
- Shares sold under existing shelf registration; agents to receive 3.0% commission on gross proceeds.
- Either party may terminate agreement on five days' notice; company has no obligation to sell any shares.
- Agreement amends prior June 4, 2024 Equity Distribution Agreement; includes shares sold under that prior agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000095017024120166/0000950170-24-120166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000095017024120166/phun-20241101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-120166

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