I spoke with a short investor last week who was insistent, “There’s no way Resonant’s strategic deal with Murata is real.”

Way!

This morning, Resonant Inc. (RESN) announced the finalization of a commercial agreement with the world’s largest RF module manufacturer.

Ahead of schedule, too.

  • The closing includes a $7 million strategic investment and $2 million in prepaid royalties.
  • RESN will collect another $7 million in prepaid royalties over the next 30 months.
  • Remember, the company also received $3 million from long-term investors, as part of the deal.

All told that’s…


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