secwatch.observer — SEC 8-K summary
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Issuer:     VPR Brands, LP. (VPRB)
CIK:        0001376231
Form:       8-K
Filed at:   2025-01-02T23:59:59+00:00
Accession:  0001213900-25-000403
Event type: litigation
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376231/000121390025000403/0001213900-25-000403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376231/000121390025000403/ea0226640-8k_vprbrands.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-000403

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