QuickLogic raises $3.25M in registered direct offering of 423,732 shares at $7.67 each

QUICKLOGIC Corp

Sold 423,732 shares of common stock at $7.67 per share, a 3.0% discount to 5-day VWAP as of Dec 4, 2024.
Gross proceeds of approximately $3.25 million; net proceeds for working capital and eFPGA product development including AI.
Financing from institutional investors via Common Stock Purchase Agreements dated December 5, 2024.
Offering made under effective Form S-3 registration statement (No. 333-266942) and prospectus supplement.
No commitments or agreements for acquisitions or investments with the proceeds at this time.

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.