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Stock Market & Financial Investment News

News Breaks
December 20, 2012
09:23 EDTNLSTNetlist files to sell common stock and warrants
Netlist filed to sell 1,685,394 shares of our common stock and warrants to purchase up to 2,275,282 shares of our common stock. Each share of common stock we sell in the offering will be accompanied by a warrant to purchase up to 1.35 shares of common stock at an exercise price of 89c per share. Each share of common stock and accompanying warrant will be sold at a negotiated price of 89c. Ascendiant Capital Markets is acting as exclusive placement agent.
News For NLST From The Last 14 Days
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January 21, 2015
09:16 EDTNLSTOn The Fly: Pre-market Movers
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08:07 EDTNLSTUSPTO Examiner reconfirms patentability of Netlist's LRDIMM patent claims
Netlist (NLST) announced that the Examiner in the consolidated reexamination of U.S. Pat. No. 7,619,912 issued an Answer maintaining the patentability of 92 claims related to LRDIMM. The reexaminations were brought in the United States Patent and Trademark Office by Google (GOOG), Inphi Corporation, and SMART Modular Technologies. The 92 patentable claims are generally directed to the fundamental concept of rank multiplication which is integral to the design of the LRDIMM. The Examiner issued the Answer on January 14, 2015, in response to voluminous appeal briefs filed by Google, Inphi, and SMART Modular. The Examiner considered arguments from all parties and ultimately maintained his conclusions as to the patentability of these claims, while maintaining the rejection of 11 other claims. The parties will now have the opportunity to file rebuttal briefs before the reexamination proceeds to the Patent Trial and Appeals Board for oral arguments, likely later this year or early next. The '912 Patent is also the subject of litigation between Netlist and Google in the Northern District of California and Netlist and Inphi in the Central District of California. Both sets of litigation have been stayed pending the outcome of this and other reexamination proceedings.
January 15, 2015
09:29 EDTNLSTNetlist claim against Diablo controller chips upheld
Netlist (NLST) announced that the U.S. District Court for the Northern District of California denied a motion filed by Diablo Technologies on January 13 requesting the Court to stay the Preliminary Injunction against controller chips used by SanDisk (SNDK) in its high-speed ULLtraDIMM SSD product line. The Preliminary Injunction will therefore remain in place. The Court in a separate ruling rejected SanDisk's request that it be allowed to sell existing inventory of the enjoined products. This order made clear that Diablo and SanDisk are working in concert and are now prohibited from manufacturing and selling the Diablo controller chipset used in the ULLtraDIMM and as a result, from further sale or distribution by SanDisk of the ULLtraDIMM itself.
January 14, 2015
08:32 EDTNLSTNetlist announces favorable decision in Diablo countersuit against company
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January 13, 2015
07:04 EDTNLSTFederal court confirms halt to sales of chips used by SanDisk, IBM, others
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