Paltalk Holdings Says District Court Jury Has Awarded Company $65.7M In Verdict Against Cisco For Infringing US Patent

As previously disclosed, on July 23, 2021, Paltalk Holdings, Inc., a wholly owned subsidiary of the Company, filed a patent infringement lawsuit against Cisco in the U.S. District Court for the Western District of Texas, pursuant to which the Company alleged that certain of Cisco's products infringed U.S. Patent No. 6,683,858, and that the Company was entitled to damages.