PARKERVISION, INC. (NASDAQ:PRKR) Files An 8-K Unregistered Sales of Equity Securities
Item 3.02.
Unregistered Sales of Equity Securities.
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entered into a subscription agreement (the Subscription
Agreement) providing for the sale of 80,510 shares
(Shares) of the Companys common stock, par value $0.01 per
share, at a price of $2.11 per share, to one of the Companys
directors. On February 24, 2016, the Company closed the sale
contemplated by the Subscription Agreement. The Subscription
Agreement contains customary representations and warranties of
the purchaser. The purchaser has no registration rights with
respect to the Shares.
on a private placement basis under Section 4(a)(2) of the
Securities Act of 1933, as amended, and Rule 506 promulgated
thereunder.
in its entirety by reference to the full text of the agreement,
which is attached as part of Exhibit 10.1 hereto and is
incorporated herein by reference.
Item 9.01. |
Financial Statements and Exhibits.
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Exhibit No. |
Description
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10.1 |
Subscription Agreement
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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). PARKERVISION, INC. (NASDAQ:PRKR) Recent Trading Information
PARKERVISION, INC. (NASDAQ:PRKR) closed its last trading session 00.00 at 2.13 with 1,105,240 shares trading hands.