FORM Holdings Corp. (FH) - NASDAQ
  • Fri, Jul. 15, 3:00 PM
    | Fri, Jul. 15, 3:00 PM
  • Wed, Jun. 15, 3:07 PM
    | Wed, Jun. 15, 3:07 PM | 1 Comment
  • Wed, May 25, 3:00 PM
    | Wed, May 25, 3:00 PM
  • Thu, May 5, 4:34 PM
    | Thu, May 5, 4:34 PM | 7 Comments
  • Mon, Apr. 25, 12:47 PM
    | Mon, Apr. 25, 12:47 PM | 20 Comments
  • Thu, Apr. 14, 12:45 PM
    | Thu, Apr. 14, 12:45 PM | 3 Comments
  • Fri, Feb. 19, 12:45 PM
    | Fri, Feb. 19, 12:45 PM | 8 Comments
  • Dec. 9, 2015, 12:48 PM
    | Dec. 9, 2015, 12:48 PM | 12 Comments
  • Dec. 7, 2015, 1:45 PM
    • Vringo (VRNG -0.3%) has settled its long-running, multi-continent, patent dispute with Chinese IT/telecom equipment giant ZTE (OTCPK:ZTCOY). ZTE will make a $21.5M lump sum payment within 15 days of the settlement, and also be "responsible for the payment of any withholding, value added or other taxes." ZTE will get a non-exclusive, perpetual, license to "certain" Vringo patents and patent applications.
    • For reference, Vringo's current market cap is $36M. Shares are nearly flat after coming off a halt.
    • Prior Vringo/ZTE coverage
    • Update (1:54PM ET): Vringo is now up 5.9%.
    • Update 2 (5:44PM ET): Vringo closed down 10.6%.
    | Dec. 7, 2015, 1:45 PM | 99 Comments
  • Nov. 25, 2015, 2:45 PM
    • Vringo's (VRNG -3.2%) reverse split goes into effect after Friday's close.
    • The move will allow the company to regain compliance with the Nasdaq's $1.00 minimum bid rule. Shares are currently at $0.33, down 40% YTD and 89% from the end of 2013.
    | Nov. 25, 2015, 2:45 PM | 14 Comments
  • Oct. 16, 2015, 9:24 AM
    • Vringo (NASDAQ:VRNG) has bought a holding company (named IDG) consisting of fliCharge, a wireless charging technology developer, and Group Mobile, a maker of rugged PCs, tablets, and handheld computers. The company is issuing preferred stock convertible into common shares equal to 11.4% of the combined company's equity.
    • fliCharge's technology enables the simultaneous charging of multiple devices on the same pad regardless of position or power needs. Vringo asserts fliCharge is "commercializing, partnering or developing products in numerous markets including automotive, education, office, healthcare, power tools and vaporizers." Group Mobile's customers include enterprises, military suppliers, small businesses, and individuals.
    • Vringo CEO Andrew Perlman: "Our existing patent licensing and litigation strategy remains intact and on track. We believe this acquisition offers diversification to our shareholders and additional licensing opportunities." The move comes shortly after the Supreme Court declined to review an adverse appeals court ruling regarding Vringo's suit against Google.
    • Vringo has risen to $0.50 premarket.
    • Update: More details on the acquisitions can be found in a Vringo presentation (.pdf). IDG had 2014 revenue of $7M+. fliCharge's charging pads are said to be "offered in various Ford, Chrysler, and Toyota models" through a partnership with an unnamed tier-1 auto supplier. A partnership also exists with "smart furniture solutions" maker Bretford. (hat tip: SA commenter Seppo Sahrakorpi). Vringo has pared its gains: Shares are now up 7.7%.
    | Oct. 16, 2015, 9:24 AM | 68 Comments
  • Oct. 5, 2015, 10:03 AM
    • The Supreme Court has denied Vringo's (NASDAQ:VRNG) petition for a writ of certiorari to review its infringement suit against Google. Vringo had officially filed a petition in May, 9 months after a federal appeals court (the CAFC) ruled against the company.
    • With the Supreme Court hearing only a small percentage of the cases appealed to it, many expected Vringo's petition to be denied. Shares have nonetheless fallen sharply.
    • Update (3:45PM ET): Vringo has issued a statement regarding the Supreme Court's ruling. "Given the exceptionally low historical odds of being heard at the Supreme Court, we believe that the decline in today`s share price does not accurately reflect the change in Vringo`s underlying value ... We continue our global litigation against ZTE, which remains unaffected by today`s decision, and which to date, has achieved positive results and rulings in many countries around the world." Vringo is now down 37.4%.
    | Oct. 5, 2015, 10:03 AM | 54 Comments
  • Aug. 25, 2015, 2:32 PM
    • Accusing ZTE of (among other things) violating a court order for general counsel Guo Xiaoming to appear before a Manhattan court handling Vringo's (VRNG -3%) infringement suit against the company, and of failing to produce documents in a timely manner, Vringo says it plans to "file a comprehensive sanctions motion" to address ZTE's alleged misdeeds.
    • ZTE has justified its refusal to make Guo available by arguing he could be arrested due to an ongoing federal probe (launched in 2012) of possible unauthorized ZTE exports to Iran. Lewis Kaplan, the judge handling Vringo's suit, recently denied ZTE's request to have Guo's deposition take place in Hong Kong
    • The court filing (.pdf)
    | Aug. 25, 2015, 2:32 PM | 69 Comments
  • Jul. 31, 2015, 11:21 AM
    • "Vringo (NASDAQ:VRNG) respectfully requests that this Court order that all responsive documents be produced from all ZTE custodians' electronic and hardcopy files, and from all of ZTE's internal networks, by a date certain." Thus reads the first sentence in the conclusion of a Vringo motion to compel complete document production by ZTE.
    • Vringo accuses ZTE of having "a team of more than 115 employees working on the Vringo litigation and asserting 'countermeasures' against Vringo," and of providing these employees with Vringo's NDA material. "Last week ZTE represented that its document production was substantially complete. ZTE now has admitted that it never collected (or even looked for) documents from the vast majority of ZTE employees that received Vringo's NDA material ... based on ZTE's email retention and newly disclosed destruction procedures, it is highly likely that evidence was destroyed."
    • Prior Vringo/ZTE coverage
    | Jul. 31, 2015, 11:21 AM | 294 Comments
  • Jun. 29, 2015, 10:52 AM
    • Vringo (NASDAQ:VRNG) states a Brazilian appellate judge has denied ZTE's request to overturn a preliminary injunction placed on ZTE 3G/4G mobile infrastructure hardware ruled to be infringing Vringo's IP.
    • Vringo has also filed a brief with the trial court that issued the injunction to request "further enforcement measures to secure ZTE`s compliance with the injunction, and asking the court to order ZTE to pay an accumulated daily fine of R$ 8,080,000-approximately $2.5 million-for ZTE`s violation of the injunction." A decision is expected shortly.
    • In Romania, a Bucharest appeals court has denied a ZTE request to cancel a January ruling placing an injunction on ZTE 4G phones and infrastructure hardware. Vringo adds it's "investigating whether ZTE Romania and its retailers have breached the preliminary injunction."
    • In the U.S., a Southern New York district court has "granted Vringo's motions to de-designate ZTE's responses to discovery requests, including those that reference ZTE's communications with the National Resources Development Counsel ("NDRC") of the People`s Republic of China, as 'Highly Confidential - Attorneys Eyes Only - US Only'." Vringo declares the ruling will allow it to "participate more effectively in its breach of contract case against ZTE, in which the Court has already held that ZTE breached a non-disclosure agreement signed between the parties in December 2013."
    • Prior Vringo/ZTE coverage
    • Last Friday: Vringo files $50M mixed shelf
    | Jun. 29, 2015, 10:52 AM | 122 Comments
  • Jun. 26, 2015, 6:21 PM
    • Vringo (NASDAQ:VRNG) has filed to sell up to $50M (max. offering size of $55.4M) worth of stock, debt, warrants, and/or other securities through future offerings. (S-3 filing)
    • The IP licensing firm had $12.2M in cash at the end of Q1, and no debt.
    • Previously: Vringo CTO changing roles, forming JV with company
    | Jun. 26, 2015, 6:21 PM | 26 Comments
Company Description
Vringo, Inc. operates as a development stage company, which engages in the innovation, development and monetization of intellectual property and mobile technologies. It focuses on identifying, generating, acquiring, and deriving economic benefits from intellectual property assets. The company... More
Sector: Technology
Industry: Multimedia & Graphics Software
Country: United States