PARKERVISION, INC. (NASDAQ:PRKR) Files An 8-K Entry into a Material Definitive AgreementItem 1.01
After the close of the market on March 26, 2018, ParkerVision, Inc. (the “Company”) entered into subscription agreements with three of the Company’s directors identified on Exhibit 10.2 hereof for the sale of an aggregate of 216,868 shares (the “Shares”) of the Company’s common stock, par value $0.01 per share (“Common Stock”). The purchase price for the Shares was $0.83 per share, representing the closing bid price of the Common Stock on March 26, 2018. The Company received aggregate proceeds from the sale of $180,000. The subscription agreements contain customary representations and warranties of the purchaser. The purchaser has no registration rights with respect to the shares.
The foregoing summary of the subscription agreements is qualified in its entirety by reference to the full text of the agreements, a form of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit No: | Description |
| 10.1 | Form of Subscription Agreement |
| 10.2 | List of Purchasers |
PARKERVISION INC ExhibitEX-10.1 2 fp0032229_ex101.htm Name of Investor: Shares (#): Per Share Purchase Price ($/share): Total Subscription Amount ($): SUBSCRIPTION AGREEMENT This Subscription Agreement (this “Subscription Agreement”) is being used by ParkerVision,…To view the full exhibit click here
About PARKERVISION, INC. (NASDAQ:PRKR)
ParkerVision, Inc. is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices. Its products are used in wireless communication products and applications. In addition, it offers engineering design and consulting services to third parties to assist them in developing and testing products. Its technologies represent methods for processing RF waveforms in wireless applications. Its technologies apply to both transmit and receive functions of transmitters, receivers and transceivers. A portion of its transmit technology is marketed as Direct2Power (d2p) and its receiver technology is marketed as Direct2Data (d2d).
