---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-004087"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T04:51:55.922321+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Phunware issues ~26M shares to Streeterville upon full conversion of $12.8M note

## Summary
- Streeterville converted $1,604,622 to 5,611,155 shares on Feb 5, 2024; note paid-in-full.
- Total conversions: $2.9M each on Jan 23 (5.8M + 11.2M shares), $200k each in Nov 2023 (1.5M + 1.8M shares).
- Original $12.8M note from July 2022; amended Aug 2023 to require $800k monthly amortization.
- Conversion price is 90% of lower of prior day close or 5-day average closing price.

## SEC filing metadata
- accession: 0001628280-24-004087
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665300/000162828024004087/0001628280-24-004087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000162828024004087/phun-20240205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-004087
- JSON: https://secwatch.observer/filing/0001628280-24-004087.json
- Plain text: https://secwatch.observer/filing/0001628280-24-004087.txt

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