- Spherix (SPEX) states the USPTO has granted VTech and Uniden's request for an inter partes review of a portion of the claims in two Spherix patents being asserted against the companies.
- The company notes the review doesn't "apply broadly to all claims under these patents nor to all of the Company's other claims of infringement asserted against VTech and Uniden," and that it isn't "related to the patents involved in the litigations brought against Cisco, Verizon, Juniper, Huawei or T- Mobile."
- Shares have risen to $0.95 premarket. They tumbled yesterday, but wound up recovering about half their intraday losses by the close. A closely-watched Markman hearing for Spherix's suit against Verizon takes place on Monday.