secwatch.observer — SEC 8-K summary
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Issuer:     NETWORK-1 TECHNOLOGIES, INC. (NTIP)
CIK:        0001065078
Form:       8-K
Filed at:   2024-10-02T23:59:59+00:00
Accession:  0001072613-24-000749
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Network-1 subsidiary receives new HFT patent, expanding portfolio to 10 issued U.S. patents
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- USPTO issued Patent No. 12,107,587 covering FPGA with internal phase-locked loop for high-frequency trading.
- HFT patent portfolio now includes 10 issued U.S. patents and 3 pending applications.
- Patents acquired in March 2022; terms expected to extend until 2040.
- Technology relates to clock domain management for latency gains measured in nanoseconds.
- Network-1 owns 103 U.S. patents and 16 international patents across multiple portfolios.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000749/0001072613-24-000749-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000749/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001072613-24-000749

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer