Edition:
United States

Spherix Inc (SPEX.PH)

SPEX.PH on Philadelphia Stock Exchange

1.33USD
15 Sep 2016
Change (% chg)

-- (--)
Prev Close
$1.33
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,034
52-wk High
$9.88
52-wk Low
$1.33

Latest Key Developments (Source: Significant Developments)

Spherix issues shareholder update
Monday, 8 Aug 2016 12:00pm EDT 

Spherix Inc : Spherix issues shareholder update . Spherix Inc - Working with Equitable IP, there are several additional patent suits planned . Spherix Inc says "Anticipate 2-3 more suits before end of august and additional suits filed in September" .Spherix Inc - Before September 1, equitable intends to "continue monetization effort by filing more suits on valuable patents formerly owned by Nortel".  Full Article

Spherix prices stock offering at $1.57/shr for $2.5 mln gross proceeds
Wednesday, 3 Aug 2016 09:38am EDT 

Spherix Inc : Spherix announces pricing of underwritten public offering of common stock . Says public offering priced at $1.57 per share .Gross proceeds to Spherix from offering are expected to be $2.5 million.  Full Article

Spherix executes second license agreement with RPX Corp
Tuesday, 24 May 2016 08:00am EDT 

Spherix Inc : Announced a second licensing agreement with RPX Corporation .Spherix executes second license agreement with RPX Corporation.  Full Article

Spherix Inc announces collaborative agreement to monetize patents
Tuesday, 8 Mar 2016 09:00am EST 

Spherix Inc:Spherix announces collaborative agreement to monetize patents.Says equitable and the company have executed a collaborative agreement to monetize a portion of spherix's patent portfolio.  Full Article

Spherix Incorporated announces CFO change - Form 8k
Thursday, 2 Jul 2015 08:01am EDT 

Spherix Incorporated:Accepts the resignation of Richard Cohen as chief financial officer of the company, effective immediately.Says the board appointed Frank Reiner, as the interim chief financial officer of the company, effective immediately.  Full Article

Spherix Incorporated Notified by USPTO of Issuance of New Standard Essential Patent
Monday, 22 Jun 2015 06:00am EDT 

Spherix Incorporated:Says the United States Patent & Trademark Office (USPTO) has notified the Company that it will issue a new patent to Spherix that is part of a standard essential family of patents.Says new patent will issue on June 30, 2015 as U.S. Patent RE45,598 from U.S. Patent Application Serial No.13/728,698.  Full Article

United States Patent & Trademark Office issues another standard-essential patent to Spherix Inc
Monday, 11 May 2015 06:00am EDT 

Spherix Inc:Says that United States Patent & Trademark Office (USPTO) is issuing the Company another standard-essential patent.Company has received from USPTO an issue notification for patent RE45521, set to issue on May 19.This patent is part of the same family of standard-essential patents currently being litigated against both Cisco and Verizon.Patented technology relates to transmittal of data over a network and further enhances company's existing portfolio.  Full Article

Spherix Board unanimously rejects unsolicited proposal from Marathon Patent Group, Inc
Tuesday, 3 Feb 2015 06:00am EST 

Spherix Inc:Has considered and unanimously rejected an unsolicited proposal received from Marathon Patent on Jan. 15, indicating Marathon's interest in acquiring Spherix in stock-for-stock transaction valuing Spherix at 15 pct premium above the recent market price of Spherix's common stock.After comprehensive review, conducted in consultation with its legal advisors, Spherix Board concluded that Proposal substantially undervalues Spherix, creates significant risks and uncertainties for stockholders of Spherix, and is not in best interests of the Company and its stockholders.  Full Article

BRIEF-Spherix Inc issues letter to shareholders

* Monetization partnership with equitable ip has resulted in filing of nine new patent infringement lawsuits against defendants Source text for Eikon: Further company coverage:

No consensus analysis data available.