Finjan Holdings, Inc. (NasdaqCM:FNJN) announced on March 4, 2020 that after a thorough exploration of various strategic options with its financial and legal advisors, the Board resolved to bring the process to a close and focus management on its plan of record as an independent company. This process was initiated by the Finjan Board in August of 2018 and Atlas Technology Group was engaged to help solicit and evaluate the opportunities. 'As our stockholders are well aware, the Board of Directors has been thoroughly evaluating all of our strategic options for Finjan for over a year,' said Daniel Chinn, Chairman. 'After a broad process and careful consideration of the various alternatives, the Board believes remaining an independent entity is currently the best available outcome for Finjan stockholders. We appreciate the incredible patience and support from all of our investors throughout this process. While the external process has closed, Finjan will continue to identify opportunities to drive value and returns for Finjan shareholders'.
Finjan Holdings, LLC. (Finjan), formerly Finjan Holdings, Inc., is a United States-based cybersecurity company. The Company is focused on inventions that are embedded within a portfolio of patents focusing on software and hardware technologies used to proactively detect previously unknown and emerging threats on a real-time, behavior-based basis. Its cybersecurity business includes a wide range of services, including intellectual property (IP) licensing, cybersecurity consulting services, mobile applications, as well as investments in innovation.