FINJAN HOLDINGS, INC. (NASDAQ:FNJN) Files An 8-K Other Events
Item 8.01. Other Events.
On April 21, 2017, Finjan, Inc. (Finjan), a wholly-owned
subsidiary of Finjan Holdings, Inc. (the Company), entered into a
Confidential Patent License Agreement (the License Agreement)
with a European corporation (European Licensee). to the License
Agreement, European Licensee will obtain a license to the Finjan
patent portfolio and will pay Finjan $4.9 million cash, in
license fees, as follows: (A) $2.3 million within 10 days after
the effective date of the License Agreement, (B) $1.3 million on
or before January 31, 2018, and (C) $1.3 million on or before
January 31, 2019. Such license does not grant European Licensee
any right to transfer, sublicense or grant any rights under the
License Agreement to a third party except as specifically
provided under the License Agreement. Such license also has
certain provisions relating to certain unlicensed products of any
company that acquires European Licensee, or is acquired by
European Licensee or its affiliates, in which case additional
license fees may apply.>The specific terms of the>License
Agreement are confidential.>
subsidiary of Finjan Holdings, Inc. (the Company), entered into a
Confidential Patent License Agreement (the License Agreement)
with a European corporation (European Licensee). to the License
Agreement, European Licensee will obtain a license to the Finjan
patent portfolio and will pay Finjan $4.9 million cash, in
license fees, as follows: (A) $2.3 million within 10 days after
the effective date of the License Agreement, (B) $1.3 million on
or before January 31, 2018, and (C) $1.3 million on or before
January 31, 2019. Such license does not grant European Licensee
any right to transfer, sublicense or grant any rights under the
License Agreement to a third party except as specifically
provided under the License Agreement. Such license also has
certain provisions relating to certain unlicensed products of any
company that acquires European Licensee, or is acquired by
European Licensee or its affiliates, in which case additional
license fees may apply.>The specific terms of the>License
Agreement are confidential.>
FINJAN HOLDINGS, INC. (NASDAQ:FNJN) Recent Trading Information
FINJAN HOLDINGS, INC. (NASDAQ:FNJN) closed its last trading session 00.00 at 1.87 with 77,918 shares trading hands.