SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 15, 2015
(Exact name of registrant as specified in its charter)
|(State or other Jurisdiction of||(Commission||(IRS Employer|
|incorporation or organization)||File Number)||Identification No.)|
620 Johnson Avenue,
Bohemia, New York 11716
(Address of principal executive offices)
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
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:
[ ] 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))
Item 1.01 Entry Into a Definitive Material Agreement .
On October 15, 2015, Andrea Electronics Corporation (the Company) entered into a Settlement Agreement with Realtek Semiconductor Corporation (Realtek). Under the Settlement Agreement the Company settled outstanding litigation between the Company and Realtek including, (a) Andrea Electronics Corporation v. Realtek Semiconductor Corp., Civ. Action No. 2:15-cv-215, pending in the Eastern District of New York, (b) Realtek Semiconductor Corporation v. Andrea Electronics Corporation, Civ. Action No. 5:15-cv-03184, pending in the Northern District of California, (c) Certain Audio Processing Hardware and Software and Products Containing the Same, Inv. No. 337-TA-949, pending at the International Trade Commission, and (d) IPR2015-13911396 pending at the United States Patent and Trademark Office (collectively, the Litigation). In addition, the Company and Realtek entered into a Patent and Technology License Agreement.
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.
|ANDREA ELECTRONICS CORPORATION|
|Dated: October 21, 2015||By:||/s/ Corisa L. Guiffre|
|Corisa L. Guiffre|
|Vice President and Chief Financial Officer|