Psionic, Inc. has filed an amendment to its previous offering, revealing a total offering amount of $3,475,661 for stock options. This update is significant as it demonstrates the company's continued efforts to raise capital.

The filing, dated November 4, 2026, indicates that none of the stock options have been exercised as of the filing date. This lack of exercised options may influence investor interest moving forward.

Background

Psionic, Inc. is incorporated in Delaware and is based in Hampton, Virginia. The company was previously known as Psionic, LLC before its name change in December 2017. The firm focuses on technology-related offerings, although specific SIC and ticker information is not provided in the filing.

What the Filing Says

The filing states, "The offering amount represents the exercise price of stock options approved for issuance with respect to which this notice is being filed, none of which have been exercised as of the date hereof and thus the total amount sold above is shown as '0'." This highlights the current status of the offering and the company's capital-raising strategy.

Impact

This amendment may affect several stakeholders, including current and potential investors, as well as the company's executive team, which includes Stephen Sandford, the President and CEO, and other executive officers like Diego Pierrottet and Vicki Cleavenger.

What's Next

The filing does not say what happens next.