secwatch.observer — SEC 8-K summary
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Issuer:     PARKERVISION INC (PRKR)
CIK:        0000914139
Form:       8-K
Filed at:   2023-01-13T23:59:59+00:00
Accession:  0001437749-23-001054
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ParkerVision issues $700K in convertible notes, $135K common stock; total $835K for operations
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- $500K convertible note issued Jan 11, 2023, convertible at $0.16/share, 9% interest, 5-year maturity with holder extension options.
- Additional $200K in convertible notes issued Jan 13, 2023, with prepayment premiums of 110-125% of principal.
- Private placement of 843,750 shares at $0.16/share for $135,000, including 62,500 shares to a director.
- Proceeds of $835,000 will be used for ongoing operations.
- Registration rights agreements include liquidated damages up to 6% of subscription amount for filing or effectiveness delays.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/914139/000143774923001054/0001437749-23-001054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/914139/000143774923001054/prkr20230113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001054

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