false 0001065078 0001065078 2024-09-17 2024-09-17 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K/A

 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):          September 17, 2024      

 

NETWORK-1 TECHNOLOGIES, INC.

 

(Exact name of registrant as specified in its charter)

 

Delaware 001-15288 11-3027591
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)

65 Locust Avenue, Third Floor, New Canaan, Connecticut 06840

 

(Address of Principal Executive Offices) (Zip Code)

(203) 920-1055 

 

(Registrant’s telephone number, including area code)

N/A

 

(Former name or former address, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, par value $0.01 per share

NTIP

 NYSE American

  

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 
 
 

Explanatory Note:

On September 18, 2024, Network-1 Technologies, Inc. (the “Company”) filed a Current Report on Form 8-K disclosing the voting results at the Company’s 2024 Annual Meeting of Shareholders held on September 17, 2024. The sole purpose of this amendment is to disclose, in accordance with Item 5.07(d) of Form 8-K, the Company’s decision as to how frequently the Company will conduct future votes regarding named executive officer compensation. No changes are being made to the 8-K filed on September 18, 2024 other than to add the disclosure set forth in this amendment.

 

Item 5.07Submission of Matters to a Vote of Security Holders

(d) At the Annual Meeting of Shareholders held on September 17, 2024, the Company’s shareholders voted on, among other matters, an advisory vote regarding the frequency of future advisory votes on named executive officer compensation. The Company’s shareholders voted for an advisory vote on named executive compensation to be held every year, consistent with the recommendation of the Company’s Board of Directors. The Company has considered the outcome of this advisory vote and has determined that it will hold an advisory vote on named executive officer compensation every year. The Company will continue to hold advisory votes on executive officer compensation every year until the Company’s Board of Directors decides to hold the next shareholder advisory vote on the frequency of votes on named executive officer compensation, which shall be no later than the Company’s Annual Meeting of Shareholders in 2030.

  

-2- 

 

 

 

SIGNATURE

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  NETWORK-1 TECHNOLOGIES, INC.
     
     
Dated:    October 4, 2024 By: /s/ Corey M. Horowitz
      

Name:   Corey M. Horowitz

Title:     Chairman & Chief Executive Officer
     

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

-3-

 

 

 

v3.24.3
Cover
Sep. 17, 2024
Cover [Abstract]  
Document Type 8-K/A
Amendment Flag false
Document Period End Date Sep. 17, 2024
Entity File Number 001-15288
Entity Registrant Name NETWORK-1 TECHNOLOGIES, INC.
Entity Central Index Key 0001065078
Entity Tax Identification Number 11-3027591
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 65 Locust Avenue, Third Floor,
Entity Address, City or Town New Canaan
Entity Address, State or Province CT
Entity Address, Postal Zip Code 06840
City Area Code (203)
Local Phone Number 920-1055
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, par value $0.01 per share
Trading Symbol NTIP
Security Exchange Name NYSEAMER
Entity Emerging Growth Company false
Network 1 Technologies (AMEX:NTIP)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Network 1 Technologies Charts.
Network 1 Technologies (AMEX:NTIP)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Network 1 Technologies Charts.