Item 8.01 Other Events.
On May 9, 2022, RealNetworks, Inc. (the "RealNetworks") issued a press release
confirming that RealNetworks had received an unsolicited, non-binding proposal
from Robert Glaser, RealNetworks' Founder, Chairman and Chief Executive Officer
to acquire all of the outstanding shares of common stock of RealNetworks not
currently owned by Mr. Glaser and his affiliates at a purchase price of $0.67
per share in cash, subject to certain conditions.
The board of directors of RealNetworks has appointed an independent special
committee (the "Special Committee") to carefully review and evaluate Mr.
Glaser's proposal and other available alternatives. The Special Committee is
composed of two independent directors of RealNetworks' board of directors, Erik
Prusch and Bruce Jaffe. There can be no assurance that any agreement will be
executed with Mr. Glaser or that any transaction will be approved or
consummated.
RealNetworks does not expect to make further public comment regarding these
matters unless and until the Special Committee and the board of directors of
RealNetworks have approved a specific transaction or alternative.
A copy of the press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No. Description
99.1 Press Release, dated as of May 9, 2022--------------------------------------------------------------------------------
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REALNETWORKS, INC. 
