Attached files
| file | filename |
|---|---|
| EX-10.2 - PARKERVISION INC | fp0032229_ex102.htm |
| EX-10.1 - PARKERVISION INC | fp0032229_ex101.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 26, 2018
PARKERVISION, INC.
(Exact Name of Registrant as Specified in Charter)
| Florida | 000-22904 | 59-2971472 |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 7915 Baymeadows Way, Jacksonville, Florida | 32256 | |
| (Address of Principal Executive Offices) | (Zip Code) |
(904) 732-6100
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter.
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
| Item 1.01 | Entry into a Material Definitive Agreement. |
After the close of the market on March 26, 2018, ParkerVision, Inc. (the “Company”) entered into subscription agreements with three of the Company’s directors identified on Exhibit 10.2 hereof for the sale of an aggregate of 216,868 shares (the “Shares”) of the Company’s common stock, par value $0.01 per share (“Common Stock”). The purchase price for the Shares was $0.83 per share, representing the closing bid price of the Common Stock on March 26, 2018. The Company received aggregate proceeds from the sale of $180,000. The subscription agreements contain customary representations and warranties of the purchaser. The purchaser has no registration rights with respect to the shares.
The foregoing summary of the subscription agreements is qualified in its entirety by reference to the full text of the agreements, a form of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits: |
| Exhibit No: | Description |
| 10.1 | Form of Subscription Agreement |
| 10.2 | List of Purchasers |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: | March 27, 2018 | PARKERVISION, INC. | |||
| By | /s/ Cynthia Poehlman | ||||
| Cynthia Poehlman | |||||
| Chief Financial Officer | |||||
EXHIBIT INDEX
| Exhibit No: | Description |
| 10.1 | Form of Subscription Agreement |
| 10.2 | List of Purchasers |