AUSTIN, Texas, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile known as Multiscreen-as-a-Service (“MaaS”) that provides products, solutions, data and services for brands worldwide, announced it will begin processing initial issuances of PhunCoin (PHCN), which will be available for trading exclusively on Securitize,
the first blockchain-enabled transfer agent registered with the United States Securities and Exchange Commission (SEC).
Anyone who already invested in PhunCoin through previous exemptions such as Regulation D and Regulation CF will receive specific instructions on how to consent to their PhunCoin issuance, set up a Securitize account, complete requisite screening requirements and receive their PhunCoin. Following these initial distributions, Phunware will still reserve approximately 72% of the maximum available supply, which is 100 billion PhunCoin. One PhunCoin is currently valued at $0.008.
https://www.globenewswire.com/news-release/2021/11/19/2338255/0/en/PhunCoin-by-Phunware-to-Begin-Trading.html