0001193125-13-365901.txt : 20130913 0001193125-13-365901.hdr.sgml : 20130913 20130913072107 ACCESSION NUMBER: 0001193125-13-365901 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130913 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130913 DATE AS OF CHANGE: 20130913 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNWIRED PLANET, INC. CENTRAL INDEX KEY: 0001082506 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 943219054 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16073 FILM NUMBER: 131095344 BUSINESS ADDRESS: STREET 1: 170 SOUTH VIRGINIA STREET, SUITE 201 CITY: RENO STATE: NV ZIP: 89501 BUSINESS PHONE: 775-980-2345 MAIL ADDRESS: STREET 1: 170 SOUTH VIRGINIA STREET, SUITE 201 CITY: RENO STATE: NV ZIP: 89501 FORMER COMPANY: FORMER CONFORMED NAME: OPENWAVE SYSTEMS INC DATE OF NAME CHANGE: 20001121 FORMER COMPANY: FORMER CONFORMED NAME: PHONE COM INC DATE OF NAME CHANGE: 19990504 FORMER COMPANY: FORMER CONFORMED NAME: UNWIRED PLANET INC DATE OF NAME CHANGE: 19990324 8-K 1 d597516d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 13, 2013

 

 

Unwired Planet, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-16073   94-3219054

(State or other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

170 South Virginia Street, Suite 201

Reno, Nevada 89501

(Address of Principal Executive Offices) (Zip Code)

(775) 980-2345

(Registrant’s telephone number, including area code)

N/A

(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 8.01. Other Events.

On September 13, 2013, Unwired Planet, Inc. (the “Company”) issued a press release announcing the final results of its previously announced rights offering pursuant to a Registration Statement on Form S-3 that was filed with the Securities and Exchange Commission and became effective on August 14, 2013.

The Company raised $12.5 million of gross proceeds, including proceeds from a standby commitment made by Indaba Capital, L.P. Stockholders of the Company subscribed for a total of 5,274,659 shares of the Company’s common stock pursuant to subscription rights, representing a 70% participation rate. In addition, a total of 2,481,365 shares of the Company’s common stock will be issued to Indaba Capital, L.P., which amount includes 225,904 shares of the Company’s common stock in consideration for providing its standby commitment. In the aggregate, the Company will issue 7,756,024 shares of common stock as part of the closing of the rights offering. There will be a total of 108,700,629 shares of common stock outstanding following the closing of the rights offering, which amount includes 549,450 shares of the Company’s common stock issuable to Evercore Partners as part of their fees for providing financial advisory services to us on our recent financing transactions.

A copy of the press release is filed as Exhibit 99.1 to this report.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

99.1    Press Release dated September 13, 2013


SIGNATURES

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.

 

    Unwired Planet, Inc.
    By:  

/s/ Eric Vetter

Dated: September 13, 2013     Name:   Eric Vetter
    Title:   President and Principal Executive Officer


Exhibit Index

 

Exhibit
No.

  

Description

99.1    Press Release dated September 13, 2013
EX-99.1 2 d597516dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

UNWIRED PLANET ANNOUNCES FINAL RESULTS OF RIGHTS OFFERING

RENO, NV – September 13, 2013 – Unwired Planet, Inc. (NASDAQ: UPIP) today announced the final result of its previously announced rights offering. Through broad participation, the Company raised $12.5 million of gross proceeds, including proceeds from a standby commitment made by Indaba Capital, L.P.

Stockholders subscribed for a total of 5,274,659 shares of the Company’s common stock pursuant to their basic subscription privileges, representing a 70% participation rate. In addition, a total of 2,481,365 shares of common stock will be issued to the standby purchaser, which amount includes 225,904 shares of common stock in consideration for providing its standby commitment.

“The participation by our shareholder base underscores the support for Unwired Planet, has helped strengthen the Company, and allows us to continue to broaden our licensing efforts,” said Eric Vetter, president and chief administrative officer of Unwired Planet.

The rights offering was made pursuant to a Registration Statement on Form S-3 that was filed with the Securities and Exchange Commission (SEC) and became effective on August 14, 2013. For questions about the rights offering, contact Georgeson, the information agent for the rights offering, at 800-903-2897.

About Unwired Planet

Unwired Planet, Inc. (NASDAQ: UPIP) is the inventor of the Mobile Internet and a premier intellectual property company focused exclusively on the mobile industry. The Company’s patent portfolio of more than 2,400 issued US and foreign patents includes the technologies that allow mobile devices to connect to the Internet and enable mobile communications. The portfolio spans 2G, 3G and 4G technologies, as well as cloud-based mobile applications and services. Unwired Planet’s portfolio includes patents related to key mobile technologies, including baseband mobile communications, mobile browsers, mobile advertising, push technology, maps and location based services, mobile application stores, social networking, mobile gaming and mobile search. Unwired Planet is headquartered in Reno, Nevada.

 

- 1 -


LOGO

 

Safe Harbor for Forward-Looking Statements

This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this release are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only current predictions and are subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from those anticipated by the forward-looking statements. These forward-looking statements are subject to a number of risks, including, but not limited to, those risk factors discussed in filings with the SEC, including but not limited to, the Company’s current Annual Report on Form 10-K and current Quarterly Report on Form 10-Q and any amendments thereto. The Company undertakes no duty to update or revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release.

Contacts:

Investor Relations

Mike Bishop, The Blueshirt Group

mike@blueshirtgroup.com

Tel: 415-217-4968

 

- 2 -

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