ParkerVision sells 1M shares at $0.20 each for $200K in private placement

PARKERVISION INC

Sold 1,000,000 common shares to accredited investor at $0.20/share; total proceeds $200,000.
Proceeds will fund ongoing operations.
Filed registration rights agreement; must file registration by April 7, 2023, effective by June 30, 2023.
Liquidated damages of 1% monthly (max 6% = $12,000) for registration delays.
Securities issued under Section 4(a)(2) and Rule 506 of the Securities Act.

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PARKERVISION INC entered into Purchase Agreement with an accredited investor valued at $200,000 (effective 2022-11-30).

Action: entry
Agreement: equity purchase
Counterparty: an accredited investor
Value: $200,000
Effective: 2022-11-30

Exact text from the filing

On November 30, 2022, ParkerVision, Inc. (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with an accredited investor identified on Exhibit 10.1 hereof (the “ Investor ”) which provides for the sale of 1,000,000 shares of ParkerVision common stock, $0.01 par value (“Common Stock”), for a per share price of $0.20.

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119 material agreements filed in the last 30 days. Browse all material agreements →

PARKERVISION INC filing history →

Source: SEC EDGAR

accession 0001437749-22-028545

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