- Current report filing (8-K)
January 28 2009 - 9:20AM
Edgar (US Regulatory)
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)
January 27, 2009
SONIC INNOVATIONS, INC.
(Exact name
of registrant as specified in its charter)
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DELAWARE
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000-30335
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87-0494518
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(State or other jurisdiction of
incorporation or organization)
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(Commission file
number)
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(I.R.S. Employer
Identification No.)
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2795 East Cottonwood Parkway, Suite 660
Salt Lake City, UT 84121-7036
(Address of principal executive offices)
(801) 365-2800
(Registrants telephone number, including area code)
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:
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Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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On December 22, 2008, Sonic Innovations, Inc.
(Sonic) entered into a patent purchase agreement (the Patent Purchase Agreement) with Bose Corporation (Bose). Pursuant to the Patent Purchase Agreement, Sonic agreed to sell to Bose U.S. Patent 6,717,537, titled
Method and Apparatus for Minimizing Latency in Digital Signal Processing Systems, (the Assigned Patent).
Under the Patent Purchase
Agreement, Sonic and its affiliates retained a non-exclusive, fully paid-up, royalty-free, and perpetual license to manufacture and sell Sonic-branded products and services that utilize technology covered by the Assigned Patent.
The Patent Purchase Agreement includes customary representations, warranties, and covenants by Sonic. In connection with the Patent Purchase Agreement, Sonic executed an
assignment (the Assignment) transfering its rights in the Assigned Patent to Bose. A conformed copy of the Assignment is furnished herewith as Exhibit 99.1.
ITEM 9.01
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Financial Statements and Exhibits.
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(d) Exhibits.
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99.1
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Assignment dated December 19, 2008.
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SIGNATURE
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.
Dated: January 27, 2009
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SONIC INNOVATIONS, INC.
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/s/ Michael M. Halloran
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Michael M. Halloran
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Vice President and Chief Financial Officer
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