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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.
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August 25, 2014
09:24 EDTNLSTNetlist announces PTAB of USPTO denied Inphi request for rehearing
Netlist (NLST) announced that the Patent Trial and Appeal Board, or PTAB, of the United States Patent and Trademark Office, or USPTO, issued a final decision in the reexamination of U.S. Pat. No. 7,532,537 denying Inphi Corporation's request for a rehearing. The '537 reexamination appeal in the USPTO is now closed. With this action, the PTAB reaffirmed its earlier decision upholding the validity of all 60 claims in the '537 patent reexamination, dismissing every single validity challenge raised by Inphi. These claims are directed to fundamental concepts of load reduction and rank multiplication which are integral to the design of LRDIMMs at DDR3 and DDR4. Inphi's only opportunity to challenge the PTAB's final decision is an appeal to the U.S. Court of Appeals for the Federal Circuit, which it must file by mid-October. The '537 Patent is also the subject of litigation between Netlist and Inphi in the Central District of California, which has been stayed pending the outcome of the reexamination, including any subsequent appeals.

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