8-K
PARKERVISION INC (PRKR)
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): March 11, 2022
| PARKERVISION, INC. | ||
|---|---|---|
| (Exact Name of Registrant as Specified in Charter) | ||
| Florida | 000-22904 | 59-2971472 |
| --- | --- | --- |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 4446-1A Hendricks Avenue, Suite 354, Jacksonville, Florida | 32207 | |
| --- | --- | |
| (Address of Principal Executive Offices) | (Zip Code) |
(904) 732-6100(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 | Name of Each Exchange on Which Registered |
|---|---|---|
| Common Stock, $.01 par value | PRKR | OTCQB |
| Common Stock Rights | OTCQB |
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):
| ☐ | 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 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 8.01. Other Events.
On March 11, 2022, ParkerVision, Inc. (the “Company”) issued a press release announcing that the United States District Court in the Middle District of Florida issued an order granting Qualcomm’s motion to block the Company’s presentation of key evidence in the pending patent infringement trial against Qualcomm. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit No. | Description |
|---|---|
| 99.1 | Press release* |
* Filed herewith ****
| 2 |
|---|
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.
| Dated: March 11, 2022 | PARKERVISION, INC. | |
|---|---|---|
| By | /s/ Cynthia French | |
| Cynthia French | ||
| Chief Financial Officer | ||
| 3 | ||
| --- |
prkr_ex991.htm EXHIBIT 99.1
Orlando Court Grants Qualcomm Motion Blocking ParkerVision’s
Presentation of Key Evidence in Pending Infringement Trial
JACKSONVILLE, Florida, March 11, 2022 -- ParkerVision, Inc. (OTC:PRKR) today announced that on March 9, 2022, the District Court in Orlando, Florida ruled on one of the outstanding pre-trial motions in the Company’s patent infringement case against Qualcomm (Dkt. 682). The court order, which is sealed “for attorney’s eyes only” grants Qualcomm’s motion to strike (Dkt. 491 in Case no. 6:14-cv-00687 U.S. District Court Middle District of Florida) and excludes opinions of the Company’s experts regarding alleged infringement and validity issues.
Because this order is under seal, the Company does not yet have access to it and litigation counsel is unable to share the specific contents of the order with the Company. Nonetheless, ParkerVision and its litigation counsel disagree with the Court’s order excluding opinions of the Company’s experts related to infringement and validity issues and are evaluating their options. This case has additional outstanding pre-trial motions, including a motion for summary judgment for non-infringement and invalidity filed by Qualcomm (Dkt. 494) and a motion for summary judgment filed by ParkerVision related to IPR estoppel.
ParkerVision CEO Jeffrey Parker commented, “Unfortunately, this order was issued under seal meaning no one outside of counsel can see the content of the actual written order. Likewise, the motion on which this order was based is heavily redacted due to purportedly confidential Qualcomm information. We are working diligently with our litigation counsel to understand the implications of this order and to determine the best course of action moving forward.”
About ParkerVision
ParkerVision, Inc. (OTCQB:PRKR) invents, develops, and licenses cutting edge, proprietary radio-frequency (RF) technologies that enable wireless solution providers to make and sell advanced wireless communication products. For more information, please visit www.parkervision.com.
Safe Harbor Statement
This press release contains forward-looking information. Readers are cautioned not to place undue reliance on any such forward-looking statements, each of which speaks only as of the date made. Such statements are subject to certain risks and uncertainties which are disclosed in the Company ’ s SEC reports, including the Form 10-K for the year ended December 31, 2020 and Forms 10-Q for the quarters ended March 31, June 30, and September 30, 2021. These risks and uncertainties could cause actual results to differ materially from those currently anticipated or projected.
| Contact: | |
|---|---|
| Cindy French | Tony Vignieri |
| Chief Financial Officer | Communications Director |
| cfrench@parkervision.com | tvignieri@parkervision.com |