ParkerVision issues 4.76M PRKR shares at $0.21 in $1M raise
Rhea-AI Filing Summary
ParkerVision, Inc. (PRKR) completed a registered offering of 4,761,905 shares of common stock for total proceeds of $1,000,000. The shares were sold on November 17, 2025 to company director Lewis H. Titterton, Jr. at $0.21 per share, matching the last reported sale price of the stock on the OTCQB Venture Market on November 14, 2025, under a subscription agreement dated that day. The issuance was made from ParkerVision’s Form S-3 shelf registration statement and a prospectus supplement that set the final terms. The company did not use underwriters or placement agents and paid no commissions or fees in connection with this transaction.
Positive
- None.
Negative
- None.
Insights
ParkerVision raised $1,000,000 in equity directly from a director at the prevailing market price without fees.
ParkerVision completed a primary equity offering of 4,761,905 shares of common stock to director Lewis H. Titterton, Jr. at $0.21 per share, equal to the last reported OTCQB price on November 14, 2025. The transaction was executed under a subscription agreement and drew on the company’s effective Form S-3 shelf registration and a prospectus supplement that detailed the final terms.
All proceeds of $1,000,000 were paid in cash to the company, and no underwriters, placement agents, brokers, or finders were involved, so no commissions or fees were incurred. Because the buyer is an existing director and the price matched the recent market trading price, the deal is framed as an at-market insider purchase under a registered offering. Subsequent disclosures may provide additional context on how this new capital fits into ParkerVision’s broader funding strategy.
FAQ
What did ParkerVision (PRKR) announce in this Form 8-K?
ParkerVision announced that it completed a registered offering and sale of 4,761,905 shares of its common stock for an aggregate purchase price of $1,000,000 to a company director.
Who bought the newly issued ParkerVision (PRKR) shares and at what price?
The shares were purchased by Lewis H. Titterton, Jr., a director of ParkerVision, at a price of $0.21 per share, which equaled the last reported sale price on the OTCQB Venture Market on November 14, 2025.
Was the ParkerVision (PRKR) stock sale made under a registration statement?
Yes. The 4,761,905 common shares were issued under ParkerVision’s Form S-3 shelf registration statement (File No. 333-287427) and a prospectus supplement filed on November 17, 2025.
Did ParkerVision (PRKR) pay any underwriting or placement fees for this transaction?
No. ParkerVision stated that it did not engage any underwriters, placement agents, brokers, or finders and paid no commissions or fees in connection with the offering.
How much cash did ParkerVision (PRKR) receive from this equity offering?
ParkerVision received $1,000,000 in gross proceeds from the sale of 4,761,905 common shares to the director at $0.21 per share.
What related documents did ParkerVision (PRKR) file about this stock sale?
The company referenced a Subscription Agreement with the investor and a press release announcing the closing, filed as Exhibit 99.1, both incorporated by reference.