FINJAN HOLDINGS, INC. (NASDAQ:FNJN) Files An 8-K Other Events
Item 8.01. Other Events.
subsidiary of Finjan Holdings, Inc. (the Company), entered into a
Confidential Patent License Agreement (the License Agreement)
with Veracode, Inc., a Delaware corporation (Veracode). to the
License Agreement, Veracode will obtain a license to the Finjan
patent portfolio and pay a license fee of $2.0 million in cash,
which Finjan received on March 2, 2017. Such license does not
grant Veracode 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 Veracode, or is acquired by
Veracode or its affiliates, in which case additional license fees
may apply.>The specific terms of the>License Agreement are
matters discussed above is attached hereto as Exhibit 99.1 and is
incorporated herein by reference. The information in the press
release shall not be deemed filed for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the Exchange
Act) or otherwise subject to the liabilities of that section,
unless the Company specifically states that the information is to
be considered filed under the Exchange Act or incorporates it by
reference into a filing under the Securities Act of 1933, as
amended, or the Exchange Act.
Press Release, dated March 6, 2017, entitled Finjan
Signs Licensing Agreement with Veracode.
FINJAN HOLDINGS, INC. (NASDAQ:FNJN) Recent Trading Information
FINJAN HOLDINGS, INC. (NASDAQ:FNJN) closed its last trading session 00.00 at 1.49 with 31,455 shares trading hands.