Phunware Appoints Stout to Monetize Intellectual Property Portfolio
Posted November 25, 2020
Phunware has engaged Stout Capital ('Stout') to monetize the Company's intellectual property (IP) portfolio, including both its patent and data assets.
'We are extremely excited by the opportunity to generate more value for our shareholders from the vast portfolio of patents and data that we've built over the past eleven years,' said Tushar Patel, Phunware's EVP of Corporate Development. 'We engaged Stout to leverage their deep industry relationships and to specifically explore creative, non-dilutive licensing, commercialization and financing solutions that are backed by the financial value of our intellectual property, but allow us to maintain ownership.'
Read the full article from Proactive
Phunware Appoints Stout to Monetize Intellectual Property Portfoliowas last modified: November 30th, 2020by Phunware
Phunware Inc. published this content on 25 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2020 17:34:08 UTC