QuickLogic raises ~$3.2M via registered direct offering of 487,279 shares at $6.57/share

QUICKLOGIC Corp

Gross proceeds of $3.2 million from sale of 487,279 shares of common stock at $6.57 per share.
Offering made without an underwriter or placement agent; shares purchased by current institutional investors.
Proceeds to be used for working capital, development of next-gen eFPGA and AI products, and hiring engineers.
CEO cites nearly $100 million sales funnel as the company drives toward profitability.
Offering represents ~3.9% of shares outstanding as of September 14, 2022.

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.