Palladyne AI Corp. 8-K Report: Future Insights on Common Stock & Redeemable Warrants

Based on the provided section of the financial report, here are the key pieces of information extracted:

1. Entity Information:

• Company Name: Palladyne AI Corp.
• CIK: 0001826681
• SEC File Number: 001-39897
• EIN: 85-2838301
• Address: 650 South 500 West, Suite 150, Salt Lake City, UT 84101
• Contact Number: (888) 927-7296

2. Report Type:

• Form: 8-K (a report of unscheduled material events or corporate changes)

3. Stock Information:

• Common Stock:
• • Par Value: $0.0001 per share
  • Ticker Symbol: PDYN
  • Exchange: NASDAQ
• Redeemable Warrants:
• • Ticker Symbol: PDYNW
  • Exercise Price: $69.00 per share
  • These warrants are exercisable for shares of Common Stock.

4. Reporting Dates:

• Report Period Start Date: February 20, 2025
• Report Period End Date: February 20, 2025

5. Stock Classifications:

• The report indicates two classifications of stock:
• • Common Stock
  • Redeemable Warrants

6. XBRL Contexts:

• The report includes different contexts identifying the type of stock being reported (Common Stock and Redeemable Warrants).

Insights:

• The report is part of a standard SEC filing procedure (8-K), indicating that Palladyne AI Corp. may have undergone a significant event or change that necessitates reporting.
• The exercise price of the redeemable warrants at $69.00 suggests a potentially high value given current market conditions, as investors will compare this price against the market price of the common stock (PDYN).
• The report is filed with a future date (February 20, 2025), which may imply either a forward-looking statement or anticipation of a specific event.

Overall, the report suggests that Palladyne AI Corp. is actively involved in capital raising or financial restructuring activities, given the mention of redeemable warrants alongside common stock.