secwatch.observer — SEC 8-K summary
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Issuer:     Phunware, Inc. (PHUN)
CIK:        0001665300
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001628280-24-011256
Event type: litigation
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phunware settles WSGR fee dispute for $2.19M, dismisses Uber arbitration
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- Phunware to pay WSGR $2,193,852 by March 8, 2024 to settle attorney-fee claims from Uber representation.
- Both parties to dismiss with prejudice the Uber Litigation and Uber Arbitration in Santa Clara Superior Court and JAMS.
- Mutual release of claims related to the Uber matter; the separate Wild Basin Arbitration is expressly excluded.
- Settlement avoids further arbitration costs and risks; no admission of liability by either party.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665300/000162828024011256/0001628280-24-011256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665300/000162828024011256/phun-20240305.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-011256

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