Cytek Biosciences, Inc. — Form 8-K

In a patent infringement lawsuit brought by Beckman Coulter, Inc. in U.S. District Court for Delaware, a jury found in Cytek's favor on three of four asserted claims (noninfringement and invalidity). However, the jury found infringement under the doctrine of equivalents on one claim and awarded damages of $20 million in lost profits plus $36 million in royalties (total $56 million). Cytek states it will challenge the single adverse finding and damages award via post-verdict motions and potentially appeal to the Federal Circuit.