secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001437749-22-002808
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic raises ~$1.48M via registered direct offering of 310,000 shares at $4.78 each
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- Sold 310,000 shares (2.6% of outstanding) at $4.78/share, no discount to market price.
- Net proceeds of ~$1.48M for working capital, next-gen eFPGA/AI products, and general corporate purposes.
- Investors include long-time and new institutional supporters; management cites growing pipeline and Q4 operating cash breakeven.
- Company plans to use funds to accelerate growth and profitability; no current acquisition commitments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774922002808/0001437749-22-002808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774922002808/quicklo20220207_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-002808

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer