secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001437749-23-008056
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic raises $2.3M in registered direct offering of 450,000 shares
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- Sold 450,000 shares of common stock at $5.14/share, a 1% discount to March 21 closing price.
- Gross proceeds of approximately $2.3M; net proceeds for working capital and next-gen eFPGA/AI product development.
- No commitments or agreements for any acquisitions; offering via Form S-3 shelf registration.
- Institutional investors purchased shares; CFO Elias Nader signed the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774923008056/0001437749-23-008056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774923008056/quicklo20230320_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-008056

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