Business Context and Reporting Period
This Form 8-K filing by NETWORK-1 TECHNOLOGIES, INC. (NYSE American: NTIP) reports the results of the Annual Meeting of Stockholders held on September 18, 2025. The filing details the outcomes of three specific proposals submitted to a vote by security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results rather than financial performance data.
Material Changes and Voting Results
Stockholders voted on the following matters at the Annual Meeting:
- Election of Directors: Four individuals were elected to serve until the next Annual Meeting.
- Corey M. Horowitz: 10,123,379 For; 2,920,689 Withheld; 4,718,361 Broker non-vote.
- Jonathan Greene: 9,904,436 For; 3,139,632 Withheld; 4,718,361 Broker non-vote.
- Allison Hoffman: 9,852,420 For; 3,191,648 Withheld; 4,718,361 Broker non-vote.
- Niv Harizman: 9,978,004 For; 3,066,064 Withheld; 4,718,361 Broker non-vote.
- Executive Compensation ("Say on Pay"): Approved by non-binding advisory vote.
- For: 9,158,047
- Against: 2,476,782
- Abstain: 1,409,237
- Broker non-vote: 4,718,363
- Ratification of Independent Auditor: Marcum LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- For: 17,216,802
- Against: 421,885
- Abstain: 123,742
- Broker non-vote: 0
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management commentary on outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting tallies.
Key Facts for Investor Verification
- Verify the total number of shares entitled to vote to contextualize the "Broker non-vote" figures, which were significant for the director and Say on Pay proposals.
- Confirm the tenure of the newly elected directors (Corey M. Horowitz, Jonathan Greene, Allison Hoffman, Niv Harizman) extends only until the next Annual Meeting.
- Note that the "Say on Pay" vote was non-binding advisory, though it received majority support.
- Confirm that Marcum LLP is the appointed auditor for the fiscal year ending December 31, 2025.