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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Phunware, Inc.    PHUN

PHUNWARE, INC.

(PHUN)
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Phunware : Appoints Stout to Monetize Intellectual Property Portfolio

11/30/2020 | 12:35pm EST
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
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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


© Publicnow 2020
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Financials (USD)
Sales 2020 11,2 M - -
Net income 2020 -19,8 M - -
Net Debt 2020 - - -
P/E ratio 2020 -2,91x
Yield 2020 -
Capitalization 65,8 M 65,8 M -
Capi. / Sales 2020 5,89x
Capi. / Sales 2021 4,46x
Nbr of Employees 93
Free-Float 85,9%
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Mean consensus BUY
Number of Analysts 2
Average target price 2,90 $
Last Close Price 1,34 $
Spread / Highest target 236%
Spread / Average Target 116%
Spread / Lowest Target -2,99%
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Managers and Directors
NameTitle
Alan S. Knitowski President, Chief Executive Officer & Director
Blythe S. Masters Chairman
Randall Crowder Chief Operating Officer & Director
Matt Aune Chief Financial Officer
Luan D. Dang Chief Technology Officer
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