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    Network-1 Technologies Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    4/4/25 2:04:44 PM ET
    $NTIP
    Multi-Sector Companies
    Miscellaneous
    Get the next $NTIP alert in real time by email
    false 0001065078 0001065078 2025-04-02 2025-04-02 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    FORM 8-K

     

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported):          April 2, 2025      

     

    NETWORK-1 TECHNOLOGIES, INC.

     

    (Exact name of registrant as specified in its charter)

     

    Delaware 001-15288 11-3027591
    (State or Other Jurisdiction (Commission (I.R.S. Employer
    of Incorporation) File Number) Identification No.)

    65 Locust Avenue, Third Floor, New Canaan, Connecticut 06840

     

    (Address of Principal Executive Offices) (Zip Code)

    (203) 920-1055 

     

    (Registrant’s telephone number, including area code)

    N/A

     

    (Former name or former address, if changed since last report)

     

    Securities registered pursuant to Section 12(b) of the Act:

    Title of each class Trading Symbol(s) Name of each exchange on which registered

    Common Stock, par value $0.01 per share

    NTIP

    NYSE American

      

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     
     
     

     

    Item 8.01Other Events.

    On April 2, 2025, Network-1 Technologies, Inc. announced that it had completed the acquisition of a patent portfolio related to several key advanced security technologies. The acquired patent portfolio includes eight (8) issued United States patents and one (1) international patent relating to, among other things, the enabling technology to support the interoperability of smart home IoT devices, advanced security against quantum computers and improvements in Internet transport layer security. The portfolio also includes eleven (11) pending U.S. patents and five (5) pending international patent applications. The patent portfolio was acquired from IoT and M2M Technologies, LLC, an intellectual property development company located in Evanston, Illinois. 

    A copy of the press release is attached as Exhibit 99.1.

     

    Item 9.01Financial Statements and Exhibits.

    (d)      Exhibits

     

    Exhibit No.

     

     

    Description

        
    99.1 

    Press Release dated April 2, 2025

        
    104  Cover Page Interactive Data File (embedded within the inline XBRL document)

     

     

     

     

    -2- 

     

     

     

    SIGNATURE

     

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      NETWORK-1 TECHNOLOGIES, INC.
         
         
    Dated April 4, 2025 By: /s/ Corey M. Horowitz
          

    Name:   Corey M. Horowitz

    Title:     Chairman and Chief Executive Officer

         

     

     

     

     

     

     

     

     

     

     

     

      

     

     

     

     

     

     

    -3-

     

     

     

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