Phunware rejects Goldenwise Capital demands for board seats

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Phunware Issues Statement in Response to Goldenwise Capital Group Letter

July 16, 2026 8:31 AM EDT

Board and Management Reaffirm Confidence in the Companys 2.0 Strategy, Supported by Strong Balance Sheet and Experienced Leadership

Company Addresses Goldenwise Statements Regarding Capital, Governance, Board Leadership, and Goldenwises Interests

AUSTIN, Texas, July 16, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today issued the following statement in response to the amended Schedule 13D and attached open letter recently filed by Goldenwise Capital Group and its... More