On September 7, 2021, Phunware, Inc. appointed Mr. Ryan Costello and Mr. Rahul Mewawalla to its Board, effective October 1, 2021. At the time of the filing of the Initial 8-K, the Board had not determined the committee assignments for Mr. Costello or Mr. Mewawalla. On October 6, 2021, the Board appointed Mr. Costello to its Compensation Committee and Nominating and Corporate Governance Committee, in each case effective immediately, with Mr. Costello appointed to serve as chairman of the Nominating and Corporate Governance Committee. The Board also appointed Mr. Mewawalla to its Audit Committee and Compensation Committee with Mr. Mewawalla appointed to serve as chairman of the Compensation Committee.
Phunware, Inc. offers a fully integrated cloud platform for mobile that provides companies with products, services and solutions necessary to engage, manage and monetize their mobile application portfolios and audiences at scale. Its platform provides the entire mobile lifecycle of applications, media and data in one login through one procurement relationship. Its offerings include Enterprise mobile software development kits (SDKs) including content management, location-based services, marketing automation, business intelligence and analytics, notifications and messaging, audience engagement and audience monetization; Integration of its SDK licenses into existing applications maintained by its customers, and custom application development and support services; Cloud-based vertical solutions, and Application transactions for mobile audience building, user acquisition, application discovery, audience engagement and monetization, including its engagement-driven digital asset PhunToken.