ParkerVision, Inc. announced that it has entered into a securities purchase agreement with an individual investor, Paul Rosenbaum for a private placement of an unsecured convertible promissory note with a face value of $100,000 on September 15, 2023. The note is convertible at any time and from time to time by the holder into shares of common stock at a fixed conversion price of $0.25 per share. Any unconverted, outstanding principal amount of the note is payable on March 15, 2026.

The company has received $10,000 pursuant t Regulation D and included participation from single investor.