VPR Brands settles patent dispute with 7 Daze for $100,000; grants license

VPR Brands, LP.

Settlement covers U.S. Patent 8,205,622 for auto-draw e-cigarettes used in Ohmlet and Egge brands.
7 Daze pays $100,000: $25,000 due Dec. 20, 2024, plus six monthly $12,500 payments starting Feb. 1, 2025.
VPR grants a fully paid-up, royalty-free non-exclusive license and covenant not to sue Daze.
Follows January 2024 PTAB ruling that upheld the validity of the same patent.

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