Director Sanford Litvack Leaves ParkerVision Board | PRKR Stock News

3 days ago

ParkerVision (PRKR, Financial) announces the resignation of Director Sanford Litvack from its Board of Directors.
Litvack's departure is not linked to any disagreements with the company's operations, policies, or practices.
ParkerVision will update existing S-1 Registration Statements with Form 424B3, without issuing new securities.

ParkerVision, Inc. (OTCQB:PRKR) has announced that Director Sanford Litvack has resigned from the company's Board of Directors and its committees. The company clarified that Litvack's resignation is not connected to any disagreements regarding the company's operations, policies, or practices.

Following Litvack's resignation, ParkerVision plans to file prospectus supplements on Form 424B3 to update previously effective S-1 Registration Statements. These updates will not involve the issuance of new securities, as emphasized by the company.

ParkerVision is renowned for inventing, developing, and licensing advanced radio-frequency (RF) technologies which are pivotal for wireless communication products. The company is currently engaged in several patent enforcement actions within the United States to defend its patented technologies.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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