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
Network-1 Technologies, Inc.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
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(Commission
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(IRS Employer
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of incorporation)
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File Number)
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Identification No.)
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(Address of principal executive offices)
Registrant's telephone number, including area code:
(212) 829-5770
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
Common Stock, par value $0.01 per share
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Trading symbol
NTIP
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Name of each exchange on which registered
NYSE American
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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 (
see
General Instruction A.2. below):
☐ 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 revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act.
☐
On
January 22, 2020, Network-1 Technologies, Inc. (the
“Company”) announced that the U.S. Patent and Trademark Office issued U.S. Patent No.
10,540,391 (
“Methods For Using Extracted Features To Perform An Action”). The claims of the newly issued patent are generally directed towards methods of content extraction and identification, including performance of actions following
therefrom.
The newly issued patent arises from a patent application contained in the patent portfolio acquired by
the Company from Professor Ingemar Cox in 2013 (the
“Cox
Patent Portfolio”). Since the acquisition of the Cox Patent Portfolio,
the Company has filed thirty-four (34) additional patent applications, thirty-one (31) of which have been issued bringing the total Cox Patent Portfolio of granted
patents to thirty-six (36). Three (3) applications relating to the original specification are still pending and
the Company anticipates further issuances of additional claims for its Cox Patent Portfolio. A copy of the
press release is
attached hereto as
Exhibit 99.1.
Item 9.01
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Financial Statements and Exhibits.
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