{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-030429","form_type":"8-K","ticker":"PHUN","cik":"0001665300","company_name":"Phunware, Inc.","filed_at":"2023-08-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.777242+00:00","generated_at":"2026-06-11T04:52:39.208373+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Phunware secures $30M equity line from Lincoln Park Capital, issues 1.36M commitment shares","bullets":["Up to $30M of common stock may be sold to Lincoln Park over 24 months at Company's discretion.","Initial commitment fee of 1,360,503 shares issued; additional 680,252 shares possible pro rata as draws occur.","Regular purchase limit up to 650,000 shares per day (depending on stock price); Accelerated purchases at 96% of VWAP.","Exchange Cap of 24,246,099 shares (19.99% of outstanding) unless stockholder approval or average price condition met.","Proceeds to be used for working capital and general corporate purposes; floor price $0.10 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-030429","json":"https://secwatch.observer/filing/0001628280-23-030429.json","markdown":"https://secwatch.observer/filing/0001628280-23-030429.md","text":"https://secwatch.observer/filing/0001628280-23-030429.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1665300/000162828023030429/0001628280-23-030429-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1665300/000162828023030429/phun-20230822.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T04:52:39.208373+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"18b307c84b898ef8d4bd2b1b3b9f6e32464b5922","claim":"Phunware, Inc. entered into Purchase Agreement with Lincoln Park Capital Fund, LLC valued at $30,000,000 (effective 2023-08-22).","evidence_excerpt":"On August 22, 2023, Phunware, Inc. (the “Company”) entered into a common stock Purchase Agreement (the “Purchase Agreement”) with Lincoln Park Capital Fund, LLC (“Lincoln Park”), which provides that","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1665300/000162828023030429/0001628280-23-030429-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Lincoln Park Capital Fund, LLC"},{"label":"Value","value":"$30,000,000"},{"label":"Effective","value":"2023-08-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}