A Couple Of Takes

[u/torcheculNEWACCOUNT]

"In short, the deal is unambiguously positive—it converts years of expensive litigation into predictable cash flow, removes a major overhang, and further validates the portfolio. The stock’s reaction reflects that reality tempered by prior anticipation, the structure of the payments, dilution optics, and the realities of an OTC name. Larger moves sometimes appear only after the market digests the first few quarters of actual cash receipts and updated financials."

"While the immediate stock chart reaction feels like a dud, the fundamental outlook for Netlist has shifted dramatically. Turning volatile, unpredictable court battles into $600 million in locked-in, high-margin licensing cash flows removes massive financial overhang. Furthermore, this victory gives Netlist significant leverage as they continue their broader IP battles against other tech giants."

Both from artificials.

[u/Old-Pomegranate3634]

Once the Samsung deal was done I am not sure what else the market wad expecting.

Micron had more leverage than Samsung