AUSTIN, Texas--(BUSINESS WIRE)--
(the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, today announced that it has engaged to track market participants and analyze share ownership data in its publicly traded Common Stock (“PHUN”) on Nasdaq for FINRA and SEC market compliance.
“Leveraging ShareIntel’s patented processes and proprietary analytics, we can investigate reporting anomalies among market makers, banks, broker-dealers and clearing firms,” said , of . “In addition, we will also be able to track share ownership and identify any suspicious, aberrant and or unusual trading activity, continuing our commitment to protect our investors and maximize shareholder value.”
ShareIntel offers unprecedented access and insight into broker-dealer, clearing firm and shareholder position movement. ShareIntel utilizes a patented process called to aggregate and analyze repository data from reporting entities, broker-dealers and shareholders. This enables Phunware to proactively track shareholder ownership, identify parties to suspicious, aberrant or unusual trading activity and deploy corrective action steps to help curtail such activity.
“ShareIntel tracks and monitors critical broker-dealer and shareholder movements,” said , . “We look forward to helping Phunware identify parties to potential abusive short selling, implement action plans to mitigate such activity, help maximize shareholder ownership transparency and facilitate effective shareholder outreach.”
“We have a talented team and are working tirelessly on behalf of our customers, partners and shareholders,” said Aune. “We feel it is very important for our stakeholders that we capture all relevant data specific to the trading and settlement of our securities, so that we can ensure that those brokering and trading our stock are compliant with FINRA and SEC rules and regulations governing short selling. Our collaboration with ShareIntel will help us to identify and take appropriate action with regard to any bad actors manipulating our securities, harming our shareholders or otherwise inhibiting the appropriate trading and settlement of our securities.”
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By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.
About Phunware, Inc.
Everything You Need to Succeed on Mobile — Transforming Digital Human Experience
, is the pioneer of, an, fully integrated enterprise cloud platform for mobile that provides companies the products,, and necessary to engage, manage and their mobile application portfolios and audiences globally at scale. Phunware’s include,,, messaging,, loyalty () and, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with more than. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit,,, and follow @phunware, @phuncoin and @phuntoken on all social media platforms.
About ShareIntel
ShareIntel offers unprecedented access and insight into broker-dealer, clearing firm and shareholder position movements. ShareIntel utilizes a patented process called to aggregate and analyze repository data from reporting entities, broker-dealers and shareholders. For more information visit .
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