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Phunware Inc - PHUN STOCK NEWS

Welcome to our dedicated news page for Phunware (Ticker: PHUN), a resource for investors and traders seeking the latest updates and insights on Phunware.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Phunware's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Phunware's position in the market.

Rhea-AI Summary
Phunware, Inc. announced the pricing of its public offering of 40.0 million shares of common stock at a price of $0.25 per share. The offering is expected to close on or before February 10, 2024. Roth Capital Partners is acting as the sole placement agent for the offering on a reasonable best-efforts basis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.65%
Tags
offering
-
Rhea-AI Summary
Phunware, Inc. (PHUN) has announced a public offering to sell shares of its common stock or pre-funded warrants, subject to market conditions. The company plans to use the net proceeds for working capital, general corporate purposes, and product initiatives, including monetizing its patent portfolio, PhunCoin, and PhunToken. The offering is being conducted by Roth Capital Partners, LLC, and is subject to a registration statement filed with the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.65%
Tags
offering
-
Rhea-AI Summary
Phunware, Inc. announced the appointment of Elliot Han, a cryptocurrency and digital asset expert, to its Board of Directors. Han brings extensive experience in corporate finance, strategy, and development, as well as a background in technology equity capital markets. His appointment is expected to maximize the value of Phunware's digital asset ecosystem, including PhunCoin and PhunToken.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6%
Tags
management
Rhea-AI Summary
Phunware, Inc. has announced a definitive agreement for the issuance and sale of approximately 56,000,000 million shares of common stock at a price of $0.10 per share. The offering is expected to close on or before January 24, 2024. Roth Capital Partners is acting as the sole placement agent for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.55%
Tags
offering
-
Rhea-AI Summary
Phunware, Inc. has entered into an agreement for the issuance and sale of approximately 87,500,000 million shares of common stock at a price of $0.08 per share. The offering is expected to close on or before January 20, 2024. Roth Capital Partners is acting as the sole placement agent for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-61.19%
Tags
offering
-
Rhea-AI Summary
Phunware, Inc. (Nasdaq: PHUN) closed a public offering of approximately 46.7 million shares of common stock at a price of $0.06 per share, generating gross proceeds of approximately $2.8 million. The company intends to use the net proceeds for working capital, general corporate purposes, and product initiatives, including its patent portfolio, PhunCoin, and PhunToken.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.36%
Tags
offering
Rhea-AI Summary
Phunware, Inc. (Nasdaq: PHUN) announces the pricing of its public offering of approximately 46.7 million shares of common stock at $0.06 per share. Roth Capital Partners is the sole placement agent for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.91%
Tags
offering
-
Rhea-AI Summary
Phunware, Inc. (Nasdaq: PHUN) has launched a public offering to sell shares of its common stock or pre-funded warrants. The offering is subject to market conditions and will be managed by Roth Capital Partners. The company intends to use the proceeds for working capital, general corporate purposes, and product initiatives such as monetizing its patent portfolio, PhunCoin, and PhunToken.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.91%
Tags
offering
-
Rhea-AI Summary
Phunware, Inc. (NASDAQ: PHUN) announced the hiring of Jeremy Kidd as Senior Vice President of Sales and Marketing. Jeremy brings over 20 years of sales leadership in mobile applications, AI, and augmented and virtual reality. He previously served as VP of Sales for Phunware, responsible for major contracts with FOX, CBS, and WWE. Phunware CEO Mike Snavely expressed excitement for Jeremy's return and highlighted the company's progress in executing against an $8MM pipeline in hospitality, healthcare, and connected workplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.52%
Tags
management
Rhea-AI Summary
Phunware, Inc. (NASDAQ: PHUN) announced an inducement grant to Mr. Michael Snavely, their Chief Revenue Officer, under the 2023B Inducement Plan. The grant includes 600,000 restricted stock units, subject to vesting on February 23, 2024, contingent on Mr. Snavely's continued employment. Mr. Snavely has also been appointed as Phunware's Chief Executive Officer effective October 25, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
none
Phunware Inc

Nasdaq:PHUN

PHUN Rankings

PHUN Stock Data

114.25M
133.73M
8.36%
5.07%
12.02%
Software Publishers
Information
Link
US
Austin

About PHUN

phunware is the pioneer of multiscreen as a service (maas) – the only fully integrated services platform that enables brands to engage, manage and monetize their anytime, anywhere users. phunware has introduced category defining experiences that challenge the outer limits of the most advanced multiscreen devices for the world’s most respected brands.