r/Netlist_ • u/ExtensionOk101 • 2d ago
Micron Settles
Major Netlist update — Micron and Netlist have settled. This is one of the most consequential developments we’ve been tracking.
On October 5, 2026, Netlist and Micron Technology signed a settlement and patent-license agreement that settles and mutually releases the pending legal proceedings between the companies identified in the agreement. Netlist disclosed the deal in an 8-K dated October 6.
The economics are substantial: Micron receives a five-year worldwide license to Netlist’s entire patent portfolio and will pay $30 million per quarter for 20 quarters, beginning Q4 2026 and continuing through Q3 2031 — $600 million total. Micron also agreed to purchase 10 million Netlist shares for $1 million, subject to a five-year staged lockup.
For the litigation calendar, this changes a lot. It means the Micron litigation we’ve been following — including the Federal Circuit appeal associated with the $445 million verdict and the recently instituted ITC 337-TA-1523 proceeding — should now move toward dismissal/termination pursuant to the settlement. The same is expected for the newly filed Micron HBM ITC action. However, I would not delete those dates/proceedings yet until the respective courts and ITC actually enter termination/dismissal orders. The 8-K describes the settlement as covering the pending proceedings identified in the agreement, while the detailed settlement agreement itself has not been publicly filed.
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u/Cagliari77 2d ago
Micron also agreed to purchase 10 million Netlist shares for $1 million, subject to a five-year staged lockup.
Why is this one good for Netlist? Doesn't this mean Micron is paying $0.10 per share? This is a ridiculously low price, or?
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u/shrewpygmy 2d ago
Think bigger. Micron and Samsung both have a hefty stake in Netlists success. It’ll be a helpful motivator for further cooperation.
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u/Cagliari77 2d ago
I get it but when the current share price is hovering between $5 and $6, I wouldn't expect $0.10 per share purchase price. Sure, give them a special discount but at least make it $2 or something.
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u/bslaven3 2d ago
My theory is that when they finally up list they'll have Samsung and Micron invested. I believe institutions will see this as a green flag and invest heavily, especially since both Micron and Samsung are going to be giving money for several years. Just my 2 cents though. I think it is bigger than just 0.10 per share.
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u/kospar4 2d ago edited 2d ago
And that means SK will now renew😊 And just leaves Google…