NetList Inc (NLST)

[papaphilip]

As per Google Gemini:

The current Strategic Agreement between Netlist and SK hynix is set to expire in April 2026.

The agreement was originally signed on April 5, 2021, settling a long-standing legal dispute. It consists of two main parts, both governed by a five-year term:
1. Patent Cross-License Agreement
Terms: Netlist and SK hynix granted each other worldwide, non-exclusive licenses to their respective patent portfolios.
Payment: Netlist received a $40 million upfront payment as part of this deal.

2. Product Purchase/Supply Agreement
Terms: Netlist was granted the right to purchase up to $600 million worth of SK hynix memory products (DRAM and NAND) over the five-year period.
Technical Cooperation: The companies agreed to collaborate on Netlist’s HD CXL (Compute Express Link) technology.