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EX-99.1 - PRESS RELEASE - NETWORK 1 TECHNOLOGIES INCexh99-1_17597.htm


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):       December 4, 2013     
 

Network-1 Technologies, Inc.

(Exact name of registrant as specified in its charter)
 
Delaware 001-15288 11-3027591

(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
 
445 Park Avenue, Suite 1020, New York, New York 10022

(Address of principal executive offices)

Registrant’s telephone number, including area code:  (212) 829-5770
 
N/A

(Former name or former address, if changed since last report.)
 
 
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 (see General Instruction A.2. below):

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 
 
 
Item 8.01       Other Events
 
On December 10, 2013, Network-1 Technologies, Inc. (the “Company”) announced that its Board of Directors has approved an increase to the Company’s previously announced share repurchase program of up to an additional $2,000,000 in shares of the Company’s common stock over the next twelve (12) months (for a total of up to $7,000,000 since inception of the repurchase program).  A copy of the press release issued on December 10, 2013 is attached hereto as Exhibit 99.1.
 
 
 
 
Item 9.01       Financial Statements and Exhibits
 
           Exhibits
 
Exhibit No.
Description
 
99.1 
Press Release dated December 10, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
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:   December 10, 2013
By:
/s/ Corey M. Horowitz  
    Name: Corey M. Horowitz  
    Title:   Chairman & Chief Executive Officer