false
0001065078
0001065078
2025-09-10
2025-09-10
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): September
10, 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. ☐
Network-1 Technologies, Inc. (“Network-1”) announced on September
10, 2025 that its wholly-owned subsidiary, HFT Solutions, LLC (“HFT”), has initiated patent litigation against Optimer US
LLC and Optima Trading US LLC in the United States District Court for the Western District of Texas for infringement of U.S. Patent No.
10,931,286, U.S. Patent No. 11,128,305, and U.S. Patent No. 11,575,381 (collectively, the “Patents-in-Suit”). The Patents-in-Suit
are part of the HFT patent portfolio acquired by HFT in March 2022 (the “HFT Patent Portfolio”). The HFT Patent Portfolio
relates to, among other things, technologies used by firms engaged in high frequency trading activities that utilize field-programmable
gate array (FPGA) hardware, including clock domain management technology that provides critical transaction latency gains in trading systems
where the difference between success and failure may be measured in nanoseconds.
| Item 9.01 | Financial
Statements and Exhibits. |
(d) Exhibits
Exhibit
No. | |
Description
|
| |
|
99.1 | |
Press Release dated September 10, 2025 |
| |
|
104 | |
Cover Page Interactive Data
File (embedded within the inline XBRL document) |
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:
September 11, 2025 |
By: |
/s/ Corey M.
Horowitz |
|
|
Name: Corey
M. Horowitz
Title: Chairman
and Chief Executive Officer
|
|
|
|
-3-