secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2024-03-18T23:59:59+00:00
Accession:  0001437749-24-008325
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic raises ~$3.56M via registered direct offering of 222,500 shares at $16.00
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- Gross proceeds of approximately $3.56 million from sale of 222,500 shares of common stock at $16.00 per share.
- Net proceeds to be used for working capital, development of next-gen eFPGA products including AI and open-source hardware/software.
- Per share purchase price reflects zero discount based on 10-day volume weighted average price on pricing date.
- Offering conducted under existing effective S-3 shelf registration statement (Registration No. 333-266942).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774924008325/0001437749-24-008325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774924008325/quicklo20240314_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-008325

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