Phunware Launches Proposed Public Offering of Securities
AUSTIN, Texas, Dec. 06, 2023 (GLOBE NEWSWIRE) — 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 that it has launched a public offering to offer and sell shares of its common stock (or pre-funded warrants in lieu thereof). All of the shares of common stock (and pre-funded warrants in lieu thereof) are being offered by Phunware pursuant to an effective shelf registration statement on Form S-3 (File No. 333-262461) (the “Registration Statement”). The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering will be completed, or as to the actual size or terms of the offering.