---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-022481"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:33:22.507399+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Phunware enters $120M ATM equity distribution agreement with Canaccord, terminates prior Wainwright facility

## Summary
- New Equity Distribution Agreement with Canaccord Genuity allows sale of up to $120M in common stock via ATM.
- Prior ATM agreement with H.C. Wainwright & Co. was terminated effective June 3, 2024.
- Company amended Jan 2024 securities purchase agreement to exclude Canaccord facility from certain investor participation rights.
- Agents will receive up to 3.0% commission on gross proceeds.
- Canaccord distribution agreement can be terminated by either party on five days' notice.

## SEC filing metadata
- accession: 0001493152-24-022481
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000149315224022481/0001493152-24-022481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000149315224022481/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-022481
- JSON: https://secwatch.observer/filing/0001493152-24-022481.json
- Plain text: https://secwatch.observer/filing/0001493152-24-022481.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.