SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2020
Commission File Number: 001-39302
UCLOUDLINK GROUP INC.
Room 2119, 21/F, One Pacific Centre
414 Kwun Tong Road, Kwun Tong
Kowloon, Hong Kong
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
|Exhibit No.|| |
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.
|UCLOUDLINK GROUP INC.|
/s/ Yimeng Shi
|Title :||Chief Financial Officer|
Date: July 15, 2020
uCloudlink Announces Progress in Patent Dispute
HONG KONG, July 14, 2020 UCLOUDLINK GROUP INC. (uCloudlink or the Company) (NASDAQ: UCL), the worlds first and leading mobile data traffic sharing marketplace, today announced positive developments in its patent dispute with Simo Holdings Inc. (Simo).
In 2018, SIMO sued uCloudlink for infringing its U.S. Patent 9,736,689 (the 689 Patent). The U.S. District Court for the Southern District of New York (SDNY) found in favor of SIMO in August 2019. In December 2019, SDNY issued a new order which concluded that uCloudlinks redesigned devices were no longer infringing and lifted the injunction as to such redesigned devices. Additionally, uCloudlink appealed SDNYs ruling and requested Ex Parte Reexamination (EPR) of the 689 Patent by the U.S. Patent and Trademark Office (USPTO). The USPTO granted the EPR request and, on June 12, 2020, issued an Ex Parte Non Final Action rejecting all claims of the 689 Patent.
Further, in response to SIMOs claims of infringement of 689 Patent and trade secret misappropriation which were raised in the U.S. District Court for the Eastern District of Texas, uCloudlink filed a motion on July 8, 2020, moving to dismiss these claims, and alternatively to transfer (i) the infringement claim to SDNY and (ii) the trade secret claim to the U.S. District Court for the Northern District of California, which had dismissed this claim with prejudice.
About UCLOUDLINK GROUP INC.
uCloudlink is the worlds first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Companys products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, all while providing reliable connectivity, high speeds and competitive pricing.
For more information, please visit http://ir.ucloudlink.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, estimates, confident and similar statements. Among other things, the financial guidance and quotations from management in this announcement, as well as uCloudlinks strategic and operational plans, contain forward-looking statements. uCloudlink may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about uCloudlinks beliefs and expectations, are forward-looking statements. Forward looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: uCloudlinks strategies; uCloudlinks future business development, financial condition and results of operations; uCloudlinks ability to increase its user base and usage of its mobile data connectivity services, and improve operational efficiency; competition in the global mobile data connectivity service industry; changes in uCloudlinks revenues, costs or expenditures; governmental policies and regulations relating to the global mobile data connectivity service industry, general economic and business conditions globally and in China; the impact of the COVID-19 pandemic to uCloudlinks business operations and the economy in China and elsewhere generally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Companys filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and uCloudlink undertakes no duty to update such information, except as required under applicable law.
For investor and media inquiries, please contact:
UCLOUDLINK GROUP INC.
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