Director Sanford Litvack Leaves ParkerVision Board
ParkerVision (OTCQB:PRKR) announced that Director Sanford Litvack has resigned from the company's Board of Directors and its committees. The company emphasized that Litvack's departure was not related to any disagreements regarding company operations, policies, or practices.
The company will file prospectus supplements on Form 424B3 to update previously effective S-1 Registration Statements, though these filings won't involve issuing new securities. ParkerVision specializes in inventing, developing, and licensing advanced radio-frequency (RF) technologies for wireless communication products and is currently involved in several patent enforcement actions in the U.S.
ParkerVision (OTCQB:PRKR) ha annunciato che il Direttore Sanford Litvack si è dimesso dal Consiglio di Amministrazione e dai comitati della società. L'azienda ha sottolineato che la partenza di Litvack non è legata a disaccordi riguardanti le operazioni, le politiche o le pratiche aziendali.
La società presenterà supplementi al prospetto sul modulo 424B3 per aggiornare le dichiarazioni di registrazione S-1 precedentemente efficaci, anche se queste presentazioni non comporteranno l'emissione di nuovi titoli. ParkerVision è specializzata nell'inventare, sviluppare e concedere in licenza tecnologie avanzate a radiofrequenza (RF) per prodotti di comunicazione wireless ed è attualmente coinvolta in diverse azioni legali per la tutela dei brevetti negli Stati Uniti.
ParkerVision (OTCQB:PRKR) anunció que el Director Sanford Litvack ha renunciado al Consejo de Administración y a los comités de la empresa. La compañía enfatizó que la salida de Litvack no estuvo relacionada con desacuerdos sobre las operaciones, políticas o prácticas de la empresa.
La empresa presentará suplementos al prospecto en el Formulario 424B3 para actualizar las declaraciones de registro S-1 previamente vigentes, aunque estas presentaciones no implicarán la emisión de nuevos valores. ParkerVision se especializa en inventar, desarrollar y licenciar tecnologías avanzadas de radiofrecuencia (RF) para productos de comunicación inalámbrica y actualmente está involucrada en varias acciones legales por patentes en EE.UU.
ParkerVision (OTCQB:PRKR)는 이사 Sanford Litvack가 회사 이사회 및 위원회에서 사임했다고 발표했습니다. 회사는 Litvack의 사임이 회사 운영, 정책 또는 관행과 관련된 어떠한 이견 때문이 아님을 강조했습니다.
회사는 이전에 효력이 있었던 S-1 등록서류를 업데이트하기 위해 양식 424B3의 보충 설명서를 제출할 예정이며, 이 제출은 새로운 증권 발행과 관련이 없습니다. ParkerVision은 무선 통신 제품을 위한 첨단 무선 주파수(RF) 기술을 발명, 개발 및 라이선스하는 데 특화되어 있으며 현재 미국 내 여러 특허 집행 소송에 참여하고 있습니다.
ParkerVision (OTCQB:PRKR) a annoncé que le directeur Sanford Litvack a démissionné du conseil d'administration et de ses comités. L'entreprise a souligné que le départ de Litvack n'était lié à aucun désaccord concernant les opérations, les politiques ou les pratiques de la société.
L'entreprise déposera des suppléments au prospectus sur le formulaire 424B3 afin de mettre à jour les déclarations d'enregistrement S-1 précédemment en vigueur, bien que ces dépôts n'impliquent pas l'émission de nouveaux titres. ParkerVision est spécialisée dans l'invention, le développement et la licence de technologies avancées de radiofréquence (RF) pour les produits de communication sans fil et est actuellement impliquée dans plusieurs actions en matière de brevets aux États-Unis.
ParkerVision (OTCQB:PRKR) gab bekannt, dass Direktor Sanford Litvack aus dem Vorstand und den Ausschüssen des Unternehmens zurückgetreten ist. Das Unternehmen betonte, dass Litvacks Ausscheiden nicht auf Meinungsverschiedenheiten bezüglich der Unternehmensführung, -politik oder -praktiken zurückzuführen sei.
Das Unternehmen wird Nachträge zum Prospekt auf Formular 424B3 einreichen, um zuvor wirksame S-1-Registrierungserklärungen zu aktualisieren, wobei diese Einreichungen keine Ausgabe neuer Wertpapiere beinhalten. ParkerVision ist spezialisiert auf die Erfindung, Entwicklung und Lizenzierung fortschrittlicher Hochfrequenz(RF)-Technologien für drahtlose Kommunikationsprodukte und ist derzeit in mehrere Patentdurchsetzungsverfahren in den USA involviert.
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JACKSONVILLE, FL / ACCESS Newswire / April 21, 2025 / ParkerVision, Inc. (OTCQB:PRKR), announced today that Sanford Litvack has resigned from the ParkerVision Board of Directors, and from the board committees on which he served. Mr. Litvack's resignation was not due to any disagreement with the Company or any matter relating to the Company's operations, policies or practices.
Jeffrey Parker, Chief Executive Officer of ParkerVision, commented "We appreciate Sandy bringing his extensive experience to the ParkerVision board and wish him well in his future endeavors."
The Company will file prospectus supplements on Form 424B3 with this information to update previously effective S-1 Registration Statements that remain in use. These Form 424B3 filings do not involve the issuance of any new securities by the Company.
About ParkerVision
ParkerVision, Inc. invents, develops, and licenses advanced, proprietary radio-frequency (RF) technologies that empower wireless solution providers to make and sell advanced wireless communication products. ParkerVision is engaged in a number of patent enforcement actions in the U.S. to protect patented rights that it believes are being broadly infringed upon by others. For more information, please visit www.parkervision.com.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions as of the date of this release,and involve known and unknown risks and uncertainties that could cause actual results to differ materially. Risks and uncertainties that may cause actual results to differ include risks disclosed in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent filings.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances.
Contact:
Cindy French | Tony Vignieri |
SOURCE: ParkerVision, Inc.
View the original press release on ACCESS Newswire
FAQ
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