Item 8.01 Other Events.Phunware, Inc. (the "Company") desires to file this Current Report on Form 8-K with respect to its litigation with Uber Technologies, Inc. ("Uber"). As previously disclosed, onOctober 9, 2020 , the Company entered into a settlement agreement with Uber and certain other parties related to the Company's complaint against Uber, Uber's cross-complaint against the Company and Uber's amended cross-complaint against the Company and certain individual defendants. As provided in the settlement agreement, both parties agreed to fully and finally settle, compromise, and resolve all disputes, differences and disagreements that have existed, now exist, or may exist between them that fall within the subject matter lawsuit. Furthermore, each party denies engaging in any wrongdoing whatsoever and specifically denies each and every allegation of wrongdoing alleged in the lawsuit. The settlement agreement provided that the Company and its insurance carriers pay a total sum of$6,000,000 to Uber, of which the Company's insurance carrier paid$1,500,000 to settle Uber's claims against the individual defendants while the Company paid a total of$4,500,000 , with the final installment paid by the Company to Uber inSeptember 2021 (the "Final Installment Payment"). As a result of the Company remitting the Final Installment Payment to Uber, onOctober 13, 2021 , Uber's complaint against the Company was dismissed with prejudice. 1
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