On March 19 , 2018 , Finjan, Inc. (“Finjan”), the wholly-owned subsidiary of Finjan Holdings, Inc. (the “Company”), received the $65 million payment due from Symantec Corporation (“Symantec”) under the Confidential Patent License and Settlement Agreement (the “License and Settlement Agreement”) effective February 28, 2018 between the Company and its affiliated companies (collectively, the “Finjan Parties”), and Symantec and its subsidiary, Blue Coat Systems, LLC (“Blue Coat”) (collectively, the “Symantec Parties”).
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