Palladyne AI Corp. 8-K Report: Key Insights on Stock & Warrant Offerings

Here's a breakdown of the key information extracted from the provided financial report section:

General Information

• Company Name: Palladyne AI Corp.
• CIK: 0001826681
• Fiscal Year End: December 31, 2024
• Location: 650 South 500 West, Suite 150, Salt Lake City, UT 84101
• Phone: (888) 927-7296
• SEC Filing Type: 8-K
• SEC File Number: 001-39897
• EIN: 85-2838301

Stock Information

• Common Stock:
• Par Value: $0.0001 per share
• Ticker Symbol: PDYN (listed on NASDAQ)
  
• Redeemable Warrants:
• Ticker Symbol: PDYNW (listed on NASDAQ)
• Exercise Price: $69.00 per share (for shares of Common Stock)

Shares Information

• Types of Stock:
• Common Stock
• Redeemable Warrants (exercisable for shares of Common Stock)

Summary Insights

• The financial report pertains to Palladyne AI Corp., indicating a focus on stock and warrant offerings.
• The company has a common stock listed at a low par value, suggesting accessibility for investors.
• The redeemable warrants have a significant exercise price of $69.00, which could indicate a premium valuation or strategic pricing aimed at potential investors.

This summary captures the essential details that investors and analysts would focus on when reviewing this section of the financial report.