In December 2024, ParkerVision, Inc. successfully raised $5.0 million in gross proceeds through a private offering. The financing involved the issuance of common stock and warrants to investors.
This capital infusion is critical for ParkerVision, which operates with virtually no product revenue and relies heavily on funding to sustain its operations and extensive patent infringement litigation. The company's financial health is precarious, making such capital raises essential.
The proceeds from this offering are intended to address the company's ongoing financial challenges and support its core strategy of intellectual property enforcement. This financing helps to maintain liquidity as ParkerVision navigates its high-stakes legal battles.
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