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):          September 17, 2024      

 

NETWORK-1 TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware	001-15288	11-3027591
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)

65 Locust Avenue, Third Floor, New Canaan, Connecticut 06840

(Address of Principal Executive Offices) (Zip Code)

(203) 920-1055 

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01 per share	NTIP	NYSE American

  

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:

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

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

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

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

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Item 5.07

Submission of Matters to a Vote of Security Holders.

At the Annual Meeting of Stockholders of Network-1 Technologies, Inc. (the “Company”) held on September 17, 2024, the stockholders of the Company entitled to vote at the meeting voted to (i) elect the four individuals named below to serve as directors of the Company to hold office until the next Annual Meeting of Stockholders and until their successors have been duly elected and qualified, (ii) approve, by non-binding advisory vote, the Company’s named executive officer compensation (known as “Say on Pay”), (iii) approve, by non- binding advisory vote, a frequency of each year ( annually) for holding future non- binding advisory votes regarding named executive compensation and (iv) to ratify the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.

 

1)

The votes cast by stockholders with respect to the election of directors were as follows:

 

		For			Withheld Authority			Broker non-vote
Corey M. Horowitz		12,296,860			1,848,298			3,107,242
Jonathan Greene		10,478,829			3,666,329			3,107,242
Allison Hoffman		12,309,363			1,835,795			3,107,242
Niv Harizman		10,602,009			3,543,149			3,107,242

 

 

2)

The votes cast by stockholders with respect to the proposal to approve, by non-binding vote, the Company’s named executive compensation as reported in the proxy statement for the Annual Meeting were as follows:

 

For			Against			Abstain			Broker non-vote
9,377,761			4,760,461			6,936			3,107,242

 

 

3)

The following votes were received on the proposal to approve, by non-binding advisory vote, the frequency of holding future votes regarding named executive compensation as reported in the Proxy Statement:

1 Year			2 Years			3 Years			Abstain			Broker non-vote
10,333,543			2,596,044			387,509			828,062			3,107,242

 

 

4)

The votes cast by stockholders with respect to the proposal to ratify the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 were as follows:

For			Against			Abstain			Broker non-vote
16,089,556			1,059,951			102,893			0

 

  

 

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:    September 18, 2024	By:	/s/ Corey M. Horowitz
		Name:   Corey M. Horowitz Title:     Chairman & Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

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