ParkerVision announces filing of shelf registration statement

ParkerVision (PRKR) has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission. If and when declared effective by the SEC, the Shelf Registration will allow the Company to offer and sell, from time to time, up to an aggregate of $25 million of its common stock, warrants, or a combination thereof, on a registered basis, subject to market conditions, the Company’s capital needs, and limitations imposed by the SEC. The price and terms of any securities offered under the Shelf Registration would be determined at the time of any such offering. The Company has no immediate plans to offer or sell any securities under this Shelf Registration. However, the Company feels it is prudent to include this optionality as a matter of standard corporate governance in order to have the flexibility to respond to future financing needs.