ParkerVision Raises $1 Million in Private Equity Sale to Director Lewis H. Titterton, Jr.

PRKR
November 18, 2025

ParkerVision, Inc. (OTCQB:PRKR) completed a private sale of 4,761,905 shares of its common stock to independent director Lewis H. Titterton, Jr. The shares were issued at $0.21 each, generating gross proceeds of $1 million. The transaction closed on November 17 2025 under the company’s Form S‑3 shelf registration, which was filed in April 2025 and became effective on May 28 2025. This is the first use of the $25 million shelf facility, marking a significant step in the company’s capital‑raising strategy.

ParkerVision’s financial profile underscores the importance of the infusion. For the first six months of 2025 the company reported a net loss of $5.4 million, a sharp increase from the $1.0 million loss in the same period of 2024. Revenue remained at zero, reflecting the company’s exclusive focus on patent enforcement and licensing rather than product sales. The loss trend and lack of revenue highlight the company’s heavy reliance on litigation proceeds to fund operations.

The $1 million raise provides a short‑term liquidity cushion that will help cover legal fees, court costs, and other operating expenses while the company pursues its core IP enforcement strategy. By securing capital through a private offering, ParkerVision can maintain its litigation pipeline against major technology firms without diluting existing shareholders beyond the sale to a board member. The transaction also signals confidence in the company’s ability to monetize its patent portfolio, as the proceeds are earmarked for sustaining the litigation effort that drives future revenue.

Management emphasized the strategic necessity of the financing. CEO Jeffrey Parker noted that “ParkerVision’s wireless innovations underpin billions of chips in smartphones, Wi‑Fi, and IoT devices, and the company must continue to enforce its patents to protect and monetize those innovations.” The statement underscores the company’s view that litigation is the primary engine for revenue generation, and that capital raises are essential to keep that engine running.

No significant market reaction was identified in the fact‑check report. While the stock traded at $0.230 on the day of the transaction, the movement was part of a broader trend and not directly attributable to the equity sale. The company’s reliance on litigation proceeds and its consistent net losses remain key factors that shape investor perception and future financing needs.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.