Palladyne AI Corp.(PDYN) - 2024 Q4 - Annual Results

Filing Information This section provides essential corporate identification, securities registration details, and regulatory status for Palladyne AI Corp Registrant Details This section provides the core identification details for Palladyne AI Corp., including its incorporation state, SEC file number, IRS ID, principal executive offices address, and contact telephone number - Registrant Name: Palladyne AI Corp.[2] - Jurisdiction of Incorporation: Delaware[2] - Commission File Number: 001-39897[2] - Principal Executive Offices: 650 South 500 West, Suite 150, Salt Lake City, Utah 84101[2] - Telephone Number: (888) 927-7296[2] Securities Information This section details the company's registered securities, including common stock and redeemable warrants, traded on The Nasdaq Stock Market LLC, and confirms its status as an emerging growth company Registered Securities | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :------------------ | :---------------- | :---------------------------------------- | | Common Stock, par value $0.0001 per share | PDYN | The Nasdaq Stock Market LLC | | Redeemable warrants, exercisable for shares of Common Stock at an exercise price of $69.00 per share | PDYNW | The Nasdaq Stock Market LLC | - Emerging Growth Company Status: Yes[5] - Election not to use extended transition period for new accounting standards: No[6] Disclosures This section details the company's financial results disclosure, public information dissemination channels, and a list of accompanying exhibits Item 2.02 Results of Operations and Financial Condition Palladyne AI Corp. issued a press release on February 20, 2025, containing financial information for the year ended December 31, 2024. This information is furnished as an exhibit but is not deemed "filed" for certain legal purposes under the Exchange Act - Event Date: February 20, 2025[7] - Content: Press release includes financial information for the year ended December 31, 2024[7] - Filing Status: Information furnished as Exhibit 99.1 is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934[7] Item 7.01 Regulation FD Disclosure The company outlines its various channels for public dissemination of material information, including SEC filings, its corporate website, investor relations site, news site, and social media platforms like X and LinkedIn, encouraging stakeholders to review these sources for important updates - Information Dissemination Channels: Information is disseminated via SEC filings, public conference calls, the company website, investor relations website, news site, X (@palladyneai), and LinkedIn[8] - Purpose: Channels are used to communicate material news and developments regarding the company and its products[8] Item 9.01 Financial Statements and Exhibits This section lists the exhibits accompanying the 8-K filing, specifically a press release dated February 20, 2025, and the interactive data file for the cover page Exhibits Filed | Exhibit Number | Description | | :------------- | :---------- | | 99.1 | Press Release dated February 20, 2025 | | 104 | Cover Page Interactive Data File (formatted as Inline XBRL) | Signatures This section formally concludes the report with the authorized signatory and filing date for Palladyne AI Corp Report Signatures The report is duly signed on behalf of Palladyne AI Corp. by Stephen Sonne, Chief Legal Officer & Secretary, confirming its authorization and the filing date of February 20, 2025 - Signatory: Stephen Sonne[14] - Title: Chief Legal Officer & Secretary[14] - Date: February 20, 2025[14]