Palladyne AI reports ~$40M cash as of Dec 31, files for $30M ATM equity offering

Palladyne AI Corp.

Cash and cash equivalents approximately $40M as of Dec 31, 2024, including $23.3M net proceeds from equity financings.
Sold 3,680,543 shares for ~$18M gross proceeds under November ATM supplement through Dec 27, 2024.
Filed December Prospectus Supplement on Dec 31, 2024 for up to $30M of common stock via Jefferies ATM program.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.