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 22, 2022
| PARKERVISION, INC. | ||
|---|---|---|
| (Exact Name of Registrant as Specified in Charter) | ||
| Florida | 000-22904 | 59-2971472 |
| --- | --- | --- |
| (State or Other Jurisdiction<br><br>of Incorporation) | (Commission<br><br>File Number) | (IRS Employer<br><br>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<br><br>Symbol | Name of Each Exchange<br><br>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 23, 2022, ParkerVision, Inc. (the “Company”) issued a press release announcing that the United States District Court in the Middle District of Florida granted Qualcomm’s motion for summary judgment 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 28, 2022 | ||
|---|---|---|
| PARKERVISION, INC. | ||
| By | /s/ Cynthia French | |
| Cynthia French | ||
| Chief Financial Officer | ||
| 3 | ||
| --- |
prkr_ex991.htm EXHIBIT 99.1
NEWS RELEASE
Orlando Court Grants Qualcomm Motion for Summary Judgment
JACKSONVILLE, Florida, March 23, 2022 -- ParkerVision, Inc. (OTC:PRKR) today announced that on March 22, 2022, the U.S. District Court in the Middle District of Florida ruled in Qualcomm’s favor on a motion styled as Qualcomm’s motion for “non-infringement and invalidity” (Dkt. 494) in ParkerVision v. Qualcomm (Case no. 6:14-cv-00687). The court’s order, which is sealed “for attorney’s eyes only,” determines that Qualcomm does not infringe the asserted claims of the remaining three patents-in-suit. It makes no findings as to the invalidity of any of the asserted claims of the remaining three patents-in-suit. This is a final order, meaning the next step is an appeal. ParkerVision intends to appeal this ruling, along with this same court’s March 9, 2022 ruling excluding opinions of the Company’s experts regarding infringement and validity issues.
ParkerVision CEO Jeffrey Parker commented, “We are disappointed that Judge Byron was unwilling to allow us the opportunity to present our case to a jury – a case that we believe has strong merit. This summary judgement ruling clears the path for ParkerVision to appeal this court’s decisions to the federal circuit – a step that we plan to move forward on expeditiously.”
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<br> <br>Chief Financial Officer<br> <br>cfrench@parkervision.com | Tony Vignieri<br> <br>Communications Director<br> <br>tvignieri@parkervision.com |
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