t74607_8k.htm


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 21, 2012
 
Aware, Inc.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  000-21129
 
Massachusetts
  
  04-2911026
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
     
 
40 Middlesex Turnpike, Bedford, MA, 01730
(Address of principal executive offices, including zip code)
 
(781) 276-4000
(Registrant’s telephone number, including area code)
 
Not Applicable
(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:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 

Item 2.01.
Completion of Acquisition or Disposition of Assets.
 
On September 21, 2012, pursuant to the previously disclosed Patent Purchase Agreement dated August 22, 2012, Aware, Inc. (“Aware”) completed its previously announced sale to TQ Delta, LLC (“TQ Delta”), of selected patents and patent applications relating to DSL technology.
 
The purchase price for the sale of the assets consisted of a payment by TQ Delta to Aware of $16 million in cash at closing.


Item 9.01.
Financial Statements and Exhibits.

No financial statements are required to be filed as part of this Report.

 
 

 

Signature(s)
 
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, thereunto duly authorized.
 
  AWARE, INC.  
       
 
By:
/s/ Kevin T. Russell  
    Kevin T. Russell  
    Co-President & co-Chief Executive Officer  
       
       
Date: September 21, 2012