---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-141642"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2024-12-31T23:59:59+00:00"
generated_at: "2026-05-28T21:58:52.409966+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-141642
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2024-12-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000095017024141642/0000950170-24-141642-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000095017024141642/pdyn-20241231.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-141642
- JSON: https://secwatch.observer/filing/0000950170-24-141642.json
- Plain text: https://secwatch.observer/filing/0000950170-24-141642.txt

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