secwatch.observer — SEC 8-K summary
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Issuer:     NETWORK-1 TECHNOLOGIES, INC. (NTIP)
CIK:        0001065078
Form:       8-K
Filed at:   2024-10-09T23:59:59+00:00
Accession:  0001072613-24-000771
Event type: other_material
Sentiment:  positive
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Network-1 subsidiary issued U.S. Patent No. 12,113,539; HFT portfolio grows to 11 issued patents
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- New patent covers FPGA with internal phase-locked loop for high-frequency trading latency gains.
- HFT Patent Portfolio now includes 11 issued U.S. patents and 2 pending applications.
- Portfolio was acquired in March 2022; patent terms currently expected to extend until 2040.
- Network-1 owns 104 U.S. patents and 16 international patents across five portfolios.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000771/0001072613-24-000771-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065078/000107261324000771/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001072613-24-000771

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