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

$PDYN
Form 8-K
Filed on: 2024-12-31
Source
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.