Phunware (PHUN) Prices $2.8 Million Public Offering

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Phunware Announces Pricing of $2.8 Million Public Offering

December 7, 2023 9:51 AM EST

AUSTIN, Texas--(BUSINESS WIRE)-- Phunware, Inc. (Nasdaq: PHUN, Phunware), the pioneer of patented Location Based SaaS solutions and other products that offer the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, today announced the pricing of its public offering of approximately 46.7 million shares of common stock (or pre-funded warrants in lieu thereof) at a price of $0.06 per share. All of the shares of common stock (and pre-funded warrants in lieu thereof) were offered by Phunware pursuant to an effective shelf registration statement on Form S-3 (File No. 333-262461) (the... More