Brief: Markforged Says Disagrees Verdict And Intends To Seek To Overturn it with Continuous Composites

Markforged Holding

13/04/2024 24:51

April 12 (Reuters) - Markforged Holding Corp  MKFG.N :
    * MARKFORGED ANNOUNCES JURY VERDICT IN PATENT CASE
    * JURY RETURNED A VERDICT AGAINST MARKFORGED, INC., A
WHOLLY-OWNED
SUBSIDIARY OF COMPANY, IN AMOUNT OF $17.34 MILLION
    * EXPLORING ALL AVAILABLE OPTIONS, INCLUDING SEEKING TO
OVERTURN
VERDICT AND ANY RESULTING JUDGMENT THROUGH APPEALS PROCESS
    * COMPANY STRONGLY DISAGREES WITH VERDICT AND INTENDS TO
SEEK TO
OVERTURN VERDICT IN POST-TRIAL MOTIONS WITH DISTRICT COURT
    * MARKFORGED-CANT PREDICT WHAT ACTION CONTINUOUS COMPOSITES
MAY
TAKE, IT IS POSSIBLE THEY SEEK RELIEF THROUGH POST-TRIAL MOTIONS
IMPACTING CO MATERIALLY

Source text for Eikon:  ID:nBw4xNshZa 
Further company coverage:  MKFG.N 

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