Recent 8-K filings for VPRB
Highest-materiality recent filing
VPR Brands settles patent litigation with R.J. Reynolds for $14.9M, grants perpetual license
- Received $14.9M from R.J. Reynolds Vapor Company to settle patent dispute and grant a non-exclusive, worldwide, perpetual license under U.S. Patent No. 8,205,622 B2.
- License covers all past, current, and future 'Licensed Products' (vaping products) made by R.J. Reynolds and its affiliates.
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VPR Brands enters $11M patent license and settlement agreement with JUUL Labs
VPR Brands receives $11M from JUUL Labs in settlement and license deal for U.S. Patent No. 8,205,622 B2.
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VPR Brands settles patent litigation with R.J. Reynolds for $14.9M, grants perpetual license
Received $14.9M from R.J. Reynolds Vapor Company to settle patent dispute and grant a non-exclusive, worldwide, perpetual license under U.S. Patent No. 8,205,622 B2.
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Authorized Class A preferred units increased from 1M to 250M; stated value lowered from $2.00 to $1.00 per unit.
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VPR Brands settles ELF trademark litigation, receives $5.25M, assigns trademark to iMiracle
Settlement resolves multiple lawsuits over ELF trademark and '622 patent; total consideration $5.25M, VPR nets $3.2M after fees.
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VPR Brands settles ELF trademark lawsuit; Safa Goods to pay $5.3M plus royalties
Settlement with Safa Goods LLC resolves lawsuits against Shenzhen Weiboli and distributors over ELFBAR products infringing VPR's ELF trademark and patent.
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VPR Brands' licensee EBL sublicenses IP to Elf Group; minimum monthly royalty of $250k
EBL sublicensed VPR Brands' trademark (ELF) and patent for electronic cigarettes and related products to affiliated Elf Group Inc.
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VPR Brands settles patent lawsuit with MONQ for $275,000; dismisses action
Settlement sum $275,000 payable over 15 months; first $25k due October 10, 2022.
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VPR Brands issues $200,002 in promissory notes to CEO Kevin Frija at 24% interest
Two unsecured promissory notes for $100,001 each issued to CEO Kevin Frija on Jan 18 and Jan 19, 2022.
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VPR Brands issues $100,001 promissory note to CEO at 24% interest with daily ACH withdrawals
Issued $100,001 unsecured promissory note to CEO Kevin Frija on Dec 8, 2021.
Materiality & sentiment trend
Max materiality 0.85 · Median 0.50 · Most common event other_material