VPR Brands signs license and release deal with JUUL Labs for USD 11 million

• VPR Brands entered a license and release agreement with JUUL Labs on July 22, 2026, tied to U.S. Patent No. 8,205,622 B2.
• Deal includes USD 11 million consideration, payable under an installment schedule.
• JUUL receives a non-exclusive, worldwide, perpetual license for certain products, with mutual releases to settle potential patent disputes.
• Agreement runs until six years after the later of the ’622 patent expiry or the last related patent claim to expire.
• VPR can terminate for material breach tied to payment or covenant violations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VPR Brands LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-080635), on July 23, 2026, and is solely responsible for the information contained therein.