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Phunware, Inc. Announces Proposed Public Offering of Common Stock


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Phunware, Inc. Announces Proposed Public Offering of Common Stock
Phunware, Inc.February 12, 2021 GMT
AUSTIN, Texas, Feb. 12, 2021 (GLOBE NEWSWIRE) Phunware, Inc. (NASDAQ: PHUN ) (“Phunware” or “the Company”) a fully-integrated  enterprise cloud platform  for mobile that provides products, solutions, data and services for brands worldwide, today announced that it has commenced a proposed underwritten public offering of common stock of the Company. Phunware expects to grant the underwriters a 30-day option, solely to cover over-allotments, if any, to purchase additional shares of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. ....

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