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[8-K] Network-1 Technologies, Inc. Reports Material Event

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

On 17 June 2025, Network-1 Technologies, Inc. (NYSE American: NTIP) filed a Form 8-K to announce that its Board of Directors has extended the company’s Rule 10b-18 share repurchase program. The new authorization allows Network-1 to buy back up to $5 million of its common stock over the next two years. Purchases may be executed in open-market or privately negotiated transactions at management’s discretion and the program can be increased, suspended, or terminated at any time.

Management emphasized that the decision was motivated by the company’s “strong cash positionâ€� and stated that continuing buybacks is in the best interests of shareholders and will not constrain the execution of future strategic plans. Since the program’s inception in August 2011, the company has acquired 10,480,894 shares at an average price of $1.92, for a cumulative outlay of approximately $20.13 million (exclusive of commissions). No additional financial metrics were disclosed in the filing.

In practical terms, the new authorization represents roughly 24.8 % of the historical capital deployed under the program, signaling continued but measured confidence by the Board in the company’s valuation and long-term outlook.

Il 17 giugno 2025, Network-1 Technologies, Inc. (NYSE American: NTIP) ha presentato un modulo Form 8-K per annunciare che il Consiglio di Amministrazione ha prorogato il programma di riacquisto di azioni secondo la Regola 10b-18. La nuova autorizzazione consente a Network-1 di riacquistare fino a 5 milioni di dollari delle proprie azioni ordinarie nel corso dei prossimi due anni. Gli acquisti potranno essere effettuati sia sul mercato aperto sia tramite transazioni private a discrezione della direzione, e il programma potrà essere incrementato, sospeso o terminato in qualsiasi momento.

La direzione ha sottolineato che la decisione è stata presa grazie alla “solida posizione di liquidità� dell’azienda, affermando che il proseguimento dei riacquisti è nell’interesse degli azionisti e non limiterà l’attuazione di futuri piani strategici. Dall’inizio del programma, nel agosto 2011, la società ha acquisito 10.480.894 azioni a un prezzo medio di 1,92 dollari, per una spesa complessiva di circa 20,13 milioni di dollari (esclusi i costi di commissione). Non sono stati divulgati ulteriori dati finanziari nel documento.

In termini pratici, la nuova autorizzazione rappresenta circa il 24,8% del capitale storico impiegato nel programma, segnalando una fiducia continua ma ponderata da parte del Consiglio nell’attuale valutazione e nelle prospettive a lungo termine della società.

El 17 de junio de 2025, Network-1 Technologies, Inc. (NYSE American: NTIP) presentó un Formulario 8-K para anunciar que su Junta Directiva ha extendido el programa de recompra de acciones conforme a la Regla 10b-18. La nueva autorización permite a Network-1 recomprar hasta 5 millones de dólares de sus acciones comunes durante los próximos dos años. Las compras pueden realizarse en el mercado abierto o mediante transacciones privadas a discreción de la gerencia, y el programa puede ser incrementado, suspendido o terminado en cualquier momento.

La gerencia destacó que la decisión fue motivada por la “sólida posición de efectivo� de la empresa y afirmó que continuar con las recompras es lo mejor para los accionistas y no limitará la ejecución de futuros planes estratégicos. Desde el inicio del programa en agosto de 2011, la empresa ha adquirido 10.480.894 acciones a un precio promedio de 1,92 dólares, con un desembolso acumulado de aproximadamente 20,13 millones de dólares (excluyendo comisiones). No se divulgaron más métricas financieras en el reporte.

En términos prácticos, la nueva autorización representa aproximadamente el 24,8% del capital histórico invertido en el programa, lo que indica una confianza continua pero cautelosa de la Junta en la valoración y perspectivas a largo plazo de la empresa.

2025ë…� 6ì›� 17ì�, Network-1 Technologies, Inc. (NYSE American: NTIP)ëŠ� Form 8-Kë¥� 제출하여 ì´ì‚¬íšŒê°€ 회사ì� Rule 10b-18 ìžì‚¬ì£� 매입 프로그램ì� 연장했다ê³� 발표했습니다. ìƒ� 승ì¸ìœ¼ë¡œ Network-1ì€ í–¥í›„ 2ë…� ë™ì•ˆ 최대 500ë§� 달러 ìƒë‹¹ì� 보통주를 매입í•� ìˆ� 있습니다. ë§¤ìž…ì€ ê²½ì˜ì§� 재량ì—� ë”°ë¼ ê³µê°œ 시장 ë˜ëŠ” 비공ê°� í˜‘ìƒ ê±°ëž˜ë¡� ì§„í–‰í•� ìˆ� 있으ë©�, í”„ë¡œê·¸ëž¨ì€ ì–¸ì œë“ ì§€ 확대, 중단 ë˜ëŠ” 종료ë� ìˆ� 있습니다.

ê²½ì˜ì§„ì€ ì� ê²°ì •ì� 회사ì� “견고한 현금 보유â€ì— 기반í•� 것임ì� 강조하며, ì§€ì†ì ì� ìžì‚¬ì£� 매입ì� 주주 ì´ìµì—� 부합하ë©� 향후 ì „ëžµ ê³„íš ì‹¤í–‰ì—� 제약ì� ì—†ì„ ê²ƒì´ë¼ê³  ë°í˜”습니ë‹�. 2011ë…� 8ì›� 프로그램 시작 ì´ëž˜ 회사ëŠ� í‰ê·  ê°€ê²� 1.92달러ì—� 10,480,894ì£�ë¥� 매입했으ë©�, ì´� ì§€ì¶œì•¡ì€ ì•� 2,013ë§� 달러(수수ë£� 제외)입니ë‹�. 추가 재무 지표는 공시ë˜ì§€ 않았습니ë‹�.

실질ì ìœ¼ë¡� ì´ë²ˆ ìƒ� 승ì¸ì€ 프로그램ì—� 투입ë� 역사ì � ìžë³¸ì� ì•� 24.8%ì—� 해당하며, ì´ëŠ” ì´ì‚¬íšŒê°€ 회사ì� 가치와 장기 ì „ë§ì—� 대í•� ì§€ì†ì ì´ë©´ì„œë„ 신중í•� 신뢰ë¥� ë³´ì´ê³� 있ìŒì� ì˜ë¯¸í•©ë‹ˆë‹�.

Le 17 juin 2025, Network-1 Technologies, Inc. (NYSE American : NTIP) a déposé un formulaire 8-K pour annoncer que son conseil d’administration a ±è°ù´Ç±ô´Ç²Ô²µÃ© le programme de rachat d’actions conforme à la règle 10b-18. La nouvelle autorisation permet à Network-1 de racheter jusqu’Ã� 5 millions de dollars de ses actions ordinaires au cours des deux prochaines années. Les achats peuvent être effectués sur le marché ouvert ou via des transactions négociées en privé à la discrétion de la direction, et le programme peut être augmenté, suspendu ou arrêté à tout moment.

La direction a souligné que cette décision était motivée par la « solide position de trésorerie » de l’entreprise et a déclaré que la poursuite des rachats d’actions est dans l’intérêt des actionnaires et ne limitera pas la mise en œuvre des futurs plans stratégiques. Depuis le lancement du programme en août 2011, la société a acquis 10 480 894 actions à un prix moyen de 1,92 dollar, pour un montant cumulé d’environ 20,13 millions de dollars (hors commissions). Aucune autre donnée financière n’a été divulguée dans le document.

Concrètement, cette nouvelle autorisation représente environ 24,8 % du capital historique déployé dans le cadre du programme, témoignant d’une confiance continue mais mesurée du conseil dans la valorisation et les perspectives à long terme de l’entreprise.

Am 17. Juni 2025 reichte Network-1 Technologies, Inc. (NYSE American: NTIP) ein Formular 8-K ein, um bekanntzugeben, dass der Vorstand das Aktienrückkaufprogramm gemäß Regel 10b-18 ±¹±ð°ù±ôä²Ô²µ±ð°ù³Ù hat. Die neue Genehmigung erlaubt es Network-1, in den nächsten zwei Jahren bis zu 5 Millionen US-Dollar an Stammaktien zurückzukaufen. Die Käufe können nach Ermessen des Managements entweder am offenen Markt oder in privat ausgehandelten Transaktionen erfolgen, und das Programm kann jederzeit erhöht, ausgesetzt oder beendet werden.

Das Management betonte, dass die Entscheidung aufgrund der „starken Liquiditätslage� des Unternehmens getroffen wurde und erklärte, dass fortgesetzte Rückkäufe im besten Interesse der Aktionäre seien und die Umsetzung zukünftiger strategischer Pläne nicht einschränken würden. Seit Beginn des Programms im August 2011 hat das Unternehmen 10.480.894 Aktien zu einem Durchschnittspreis von 1,92 US-Dollar erworben, mit einer kumulierten Ausgabe von etwa 20,13 Millionen US-Dollar (ohne Gebühren). Weitere finanzielle Kennzahlen wurden in der Meldung nicht veröffentlicht.

Praktisch entspricht die neue Genehmigung etwa 24,8 % des historisch eingesetzten Kapitals im Rahmen des Programms und signalisiert damit ein fortbestehendes, aber vorsichtiges Vertrauen des Vorstands in die Bewertung und die langfristigen Aussichten des Unternehmens.

Positive
  • $5 million new authorization underscores management confidence and ongoing commitment to shareholder returns
  • Company cites a strong cash position, implying adequate liquidity to fund buybacks without impairing operations
  • Historical buybacks of 10.48 million shares at $1.92 average cost have already reduced share count, potentially boosting per-share metrics
Negative
  • Additional authorization is relatively small ($5 million) compared with the $20 million already spent, limiting near-term impact
  • No disclosure of current cash balance or detailed capital allocation plan, leaving uncertainty about funding capacity and opportunity cost

Insights

Network-1 extends $5M share buyback program, continuing its long-term capital return strategy amid strong cash position.

Network-1's extension of its share repurchase program authorizes an additional $5 million for stock buybacks over the next two years. This continuation of their capital return strategy demonstrates management's confidence in the company's financial position and commitment to enhancing shareholder value. Since initiating the program in 2011, Network-1 has repurchased over 10.48 million shares at an average price of $1.92, totaling approximately $20.13 million exclusive of commissions.

The repurchase authorization is particularly telling when considering the company's statement about its "strong cash position" � suggesting the company has excess capital beyond what's needed for operational requirements and growth initiatives. Management has maintained flexibility in the program's execution, noting that timing and volume will depend on market conditions, and the program can be adjusted or discontinued as circumstances warrant.

This flexible approach to capital returns suggests a balanced capital allocation strategy that prioritizes shareholder returns while preserving financial flexibility. The Board's explicit statement that this program "will not impact Network-1's ability to execute its future plans" provides important context that this capital deployment won't constrain strategic options or operational investments.

Il 17 giugno 2025, Network-1 Technologies, Inc. (NYSE American: NTIP) ha presentato un modulo Form 8-K per annunciare che il Consiglio di Amministrazione ha prorogato il programma di riacquisto di azioni secondo la Regola 10b-18. La nuova autorizzazione consente a Network-1 di riacquistare fino a 5 milioni di dollari delle proprie azioni ordinarie nel corso dei prossimi due anni. Gli acquisti potranno essere effettuati sia sul mercato aperto sia tramite transazioni private a discrezione della direzione, e il programma potrà essere incrementato, sospeso o terminato in qualsiasi momento.

La direzione ha sottolineato che la decisione è stata presa grazie alla “solida posizione di liquidità� dell’azienda, affermando che il proseguimento dei riacquisti è nell’interesse degli azionisti e non limiterà l’attuazione di futuri piani strategici. Dall’inizio del programma, nel agosto 2011, la società ha acquisito 10.480.894 azioni a un prezzo medio di 1,92 dollari, per una spesa complessiva di circa 20,13 milioni di dollari (esclusi i costi di commissione). Non sono stati divulgati ulteriori dati finanziari nel documento.

In termini pratici, la nuova autorizzazione rappresenta circa il 24,8% del capitale storico impiegato nel programma, segnalando una fiducia continua ma ponderata da parte del Consiglio nell’attuale valutazione e nelle prospettive a lungo termine della società.

El 17 de junio de 2025, Network-1 Technologies, Inc. (NYSE American: NTIP) presentó un Formulario 8-K para anunciar que su Junta Directiva ha extendido el programa de recompra de acciones conforme a la Regla 10b-18. La nueva autorización permite a Network-1 recomprar hasta 5 millones de dólares de sus acciones comunes durante los próximos dos años. Las compras pueden realizarse en el mercado abierto o mediante transacciones privadas a discreción de la gerencia, y el programa puede ser incrementado, suspendido o terminado en cualquier momento.

La gerencia destacó que la decisión fue motivada por la “sólida posición de efectivo� de la empresa y afirmó que continuar con las recompras es lo mejor para los accionistas y no limitará la ejecución de futuros planes estratégicos. Desde el inicio del programa en agosto de 2011, la empresa ha adquirido 10.480.894 acciones a un precio promedio de 1,92 dólares, con un desembolso acumulado de aproximadamente 20,13 millones de dólares (excluyendo comisiones). No se divulgaron más métricas financieras en el reporte.

En términos prácticos, la nueva autorización representa aproximadamente el 24,8% del capital histórico invertido en el programa, lo que indica una confianza continua pero cautelosa de la Junta en la valoración y perspectivas a largo plazo de la empresa.

2025ë…� 6ì›� 17ì�, Network-1 Technologies, Inc. (NYSE American: NTIP)ëŠ� Form 8-Kë¥� 제출하여 ì´ì‚¬íšŒê°€ 회사ì� Rule 10b-18 ìžì‚¬ì£� 매입 프로그램ì� 연장했다ê³� 발표했습니다. ìƒ� 승ì¸ìœ¼ë¡œ Network-1ì€ í–¥í›„ 2ë…� ë™ì•ˆ 최대 500ë§� 달러 ìƒë‹¹ì� 보통주를 매입í•� ìˆ� 있습니다. ë§¤ìž…ì€ ê²½ì˜ì§� 재량ì—� ë”°ë¼ ê³µê°œ 시장 ë˜ëŠ” 비공ê°� í˜‘ìƒ ê±°ëž˜ë¡� ì§„í–‰í•� ìˆ� 있으ë©�, í”„ë¡œê·¸ëž¨ì€ ì–¸ì œë“ ì§€ 확대, 중단 ë˜ëŠ” 종료ë� ìˆ� 있습니다.

ê²½ì˜ì§„ì€ ì� ê²°ì •ì� 회사ì� “견고한 현금 보유â€ì— 기반í•� 것임ì� 강조하며, ì§€ì†ì ì� ìžì‚¬ì£� 매입ì� 주주 ì´ìµì—� 부합하ë©� 향후 ì „ëžµ ê³„íš ì‹¤í–‰ì—� 제약ì� ì—†ì„ ê²ƒì´ë¼ê³  ë°í˜”습니ë‹�. 2011ë…� 8ì›� 프로그램 시작 ì´ëž˜ 회사ëŠ� í‰ê·  ê°€ê²� 1.92달러ì—� 10,480,894ì£�ë¥� 매입했으ë©�, ì´� ì§€ì¶œì•¡ì€ ì•� 2,013ë§� 달러(수수ë£� 제외)입니ë‹�. 추가 재무 지표는 공시ë˜ì§€ 않았습니ë‹�.

실질ì ìœ¼ë¡� ì´ë²ˆ ìƒ� 승ì¸ì€ 프로그램ì—� 투입ë� 역사ì � ìžë³¸ì� ì•� 24.8%ì—� 해당하며, ì´ëŠ” ì´ì‚¬íšŒê°€ 회사ì� 가치와 장기 ì „ë§ì—� 대í•� ì§€ì†ì ì´ë©´ì„œë„ 신중í•� 신뢰ë¥� ë³´ì´ê³� 있ìŒì� ì˜ë¯¸í•©ë‹ˆë‹�.

Le 17 juin 2025, Network-1 Technologies, Inc. (NYSE American : NTIP) a déposé un formulaire 8-K pour annoncer que son conseil d’administration a ±è°ù´Ç±ô´Ç²Ô²µÃ© le programme de rachat d’actions conforme à la règle 10b-18. La nouvelle autorisation permet à Network-1 de racheter jusqu’Ã� 5 millions de dollars de ses actions ordinaires au cours des deux prochaines années. Les achats peuvent être effectués sur le marché ouvert ou via des transactions négociées en privé à la discrétion de la direction, et le programme peut être augmenté, suspendu ou arrêté à tout moment.

La direction a souligné que cette décision était motivée par la « solide position de trésorerie » de l’entreprise et a déclaré que la poursuite des rachats d’actions est dans l’intérêt des actionnaires et ne limitera pas la mise en œuvre des futurs plans stratégiques. Depuis le lancement du programme en août 2011, la société a acquis 10 480 894 actions à un prix moyen de 1,92 dollar, pour un montant cumulé d’environ 20,13 millions de dollars (hors commissions). Aucune autre donnée financière n’a été divulguée dans le document.

Concrètement, cette nouvelle autorisation représente environ 24,8 % du capital historique déployé dans le cadre du programme, témoignant d’une confiance continue mais mesurée du conseil dans la valorisation et les perspectives à long terme de l’entreprise.

Am 17. Juni 2025 reichte Network-1 Technologies, Inc. (NYSE American: NTIP) ein Formular 8-K ein, um bekanntzugeben, dass der Vorstand das Aktienrückkaufprogramm gemäß Regel 10b-18 ±¹±ð°ù±ôä²Ô²µ±ð°ù³Ù hat. Die neue Genehmigung erlaubt es Network-1, in den nächsten zwei Jahren bis zu 5 Millionen US-Dollar an Stammaktien zurückzukaufen. Die Käufe können nach Ermessen des Managements entweder am offenen Markt oder in privat ausgehandelten Transaktionen erfolgen, und das Programm kann jederzeit erhöht, ausgesetzt oder beendet werden.

Das Management betonte, dass die Entscheidung aufgrund der „starken Liquiditätslage� des Unternehmens getroffen wurde und erklärte, dass fortgesetzte Rückkäufe im besten Interesse der Aktionäre seien und die Umsetzung zukünftiger strategischer Pläne nicht einschränken würden. Seit Beginn des Programms im August 2011 hat das Unternehmen 10.480.894 Aktien zu einem Durchschnittspreis von 1,92 US-Dollar erworben, mit einer kumulierten Ausgabe von etwa 20,13 Millionen US-Dollar (ohne Gebühren). Weitere finanzielle Kennzahlen wurden in der Meldung nicht veröffentlicht.

Praktisch entspricht die neue Genehmigung etwa 24,8 % des historisch eingesetzten Kapitals im Rahmen des Programms und signalisiert damit ein fortbestehendes, aber vorsichtiges Vertrauen des Vorstands in die Bewertung und die langfristigen Aussichten des Unternehmens.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

 

CURRENT REPORT

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

Date of Report (Date of earliest event reported):          June 17, 2025      

 

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.

 
 
 

 

Item 8.01Other Events.

On June 17, 2025, the Board of Directors of Network-1 Technologies, Inc.(“Network-1”) extended its previously announced share repurchase program (the “Share Repurchase Program”) pursuant to Rule 10b-18 of the Securities Exchange Act, as amended, authorizing Network-1 to repurchase up to $5,000,000 of shares of its common stock over the next two years. As of March 31, 2025, Network-1 had repurchased an aggregate of 10,480,894 shares of its common stock under the Share Repurchase Program since inception of the program in August 2011 at an average price of $1.92 per share or an aggregate cost of $20,130,211 (exclusive of commissions).

The common stock may be repurchased from time to time in open market transactions or privately negotiated transactions in Network-1’s discretion. The timing and amount of shares repurchased will be determined by Network-1’s management based on its evaluation of market conditions and other factors. The Share Repurchase Program may be increased, suspended or discontinued at any time.

The extension of the Share Repurchase Program was approved by Network-1’s Board of Directors as part of its ongoing consideration of alternative methods to take advantage of its strong cash position. The Board of Directors believes that the extension of the Share Repurchase Program at this time is in the best interests of Network-1 and its shareholders and will not impact Network-1’s ability to execute its future plans. 

 

 

Item 9.01Financial Statements and Exhibits.

(d)      Exhibits

 

Exhibit No.

 

 

Description

    
104  Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

-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 June 23, 2025 By: /s/ Corey M. Horowitz
      

Name:   Corey M. Horowitz

Title:     Chairman and Chief Executive Officer

     

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

-3-

 

 

 

FAQ

How much has Network-1 Technologies (NTIP) newly authorized for share repurchases?

The Board approved up to $5 million in additional share repurchases over the next two years.

What is the duration of NTIP's extended share repurchase program?

The authorization is effective for two years from 17 June 2025.

How many shares has NTIP repurchased since the program began in 2011?

Network-1 has repurchased 10,480,894 shares at an average price of $1.92 per share.

Under which SEC rule does Network-1 conduct its buybacks?

Repurchases are executed under Rule 10b-18 of the Securities Exchange Act of 1934.

Will the extended buyback affect NTIP's ability to pursue future plans?

The Board stated the extension will not impact the company’s ability to execute its future plans.
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