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PRKR > SEC Filings for PRKR > Form 8-K on 3-Mar-2009All Recent SEC Filings

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Form 8-K for PARKERVISION INC


3-Mar-2009

Other Events, Financial Statements and Exhibits


Item 8.01. Other Events.

On March 3, 2009, ParkerVision, Inc. (the "Company") consummated the transactions contemplated by (i) the underwriting agreement, dated February 26, 2009, with Roth Capital Partners, LLC ("Roth"), as underwriter, relating to the sale of 2,156,600 shares of common stock, par value $.01 per share ("Common Stock"), and 431,320 warrants ("Warrants"), each to purchase one share of Common Stock, to be sold as units comprised of one share and two-tenths of a Warrant, at a public offering price of $1.875 per unit, in a firmly underwritten distribution; (ii) the underwriting agreement, dated February 26, 2009, with Roth, as underwriter, relating to the sale of 3,484,309 shares of Common Stock at a public offering price of $1.665 per share, in a firmly underwritten distribution; and (iii) the subscription agreements, with the Parker Trust, a trust for the benefit of the dependents of Jeffrey L. Parker, the Company's chairman of the board and chief executive officer, and Papken der Torossian and Robert G. Sterne, each a member of the Company's board of directors, relating to the sale of an aggregate of 354,054 shares of Common Stock at a price per share of $1.85. The shares of Common Stock and the Warrants comprising the Units will be issued separately and will be transferable separately and, as such, no Units will be issued.

The Company issued an aggregate of 5,994,963 shares of Common Stock and 431,320 Warrants pursuant to the offerings. The offerings generated proceeds, after underwriting discounts, placement fees and underwriter expenses of approximately $9,600,000. The press release announcing the consummation of the offerings is attached hereto as Exhibit 99.1.



Item 9.01. Financial Statement and Exhibits.

(d) Exhibits:

Exhibit Description

99.1 Press release.


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