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Note 16 - Subsequent Events
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Subsequent Events [Text Block]

NOTE 16 SUBSEQUENT EVENTS

 

On March 13, 2024, QuickLogic Corporation (the “Company”) entered into Common Stock Purchase Agreements with certain institutional investors and their affiliated entities for the sale of an aggregate of 222,500 shares of common stock, par value $0.001 (the “Common Stock”), in a registered direct offering. These share placements resulted in gross proceeds of approximately $3.56 million (the “Financing”). The purchase price for each share of Common Stock in the Financing was $16.00. The per share purchase price reflects a zero discount based upon the 10-day volume weighted average price on the day pricing was agreed. Issuance costs related to the offering were immaterial.