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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: 0pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">__________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PURSUANT TO SECTION 13 OR 15(d) of the</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: center">__________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 24pt; text-align: center">Date of Report<FONT STYLE="color: windowtext; letter-spacing: 0pt">
(Date of earliest event reported)</FONT>: <B>February 6, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>NeoMedia Technologies, Inc.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">(Exact Name of Registrant as Specified
in Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <TD STYLE="width: 41%; padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; font-weight: bold; text-decoration: underline; text-align: center">Delaware</TD>
    <TD STYLE="width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; font-weight: bold; text-decoration: underline; text-align: center">0-21743</TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; font-weight: bold; text-decoration: underline; text-align: center">36-3680347</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">(State or other jurisdiction of incorporation)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">(Commission File Number)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">(IRS Employer Identification No.)</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <TD STYLE="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; font-weight: bold; text-decoration: underline; text-align: center">1360 Center Drive, Suite 210, Dunwoody, GA</TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; font-weight: bold; text-decoration: underline; text-align: center">30338</TD></TR>
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    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">(Address of principal executive offices)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">(Zip code)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">Registrant's telephone number, including area code:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; font-weight: bold; text-decoration: underline; text-align: center">(678) 638-0460</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; text-align: center">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>Not Applicable</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">(Former Name or Former Address, If Changed
Since Last Report)</P>



















<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="text-align: left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="text-align: left">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="text-align: left">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0"><FONT STYLE="font-variant: small-caps">Item 1.01. Entry
Into a Material Definitive Agreement</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Agreement and Debenture Closing, February
6, 2012</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On February 6, 2012,
NeoMedia Technologies, Inc., a Delaware corporation (the <FONT STYLE="color: Black; letter-spacing: 0pt">&ldquo;</FONT><U>Company</U><FONT STYLE="letter-spacing: 0pt">&rdquo;</FONT>),
entered into an Agreement (the &ldquo;<U>Agreement</U>&rdquo;), a copy of which is attached hereto as <U>Exhibit 10.1</U>
and incorporated by reference herein, to issue and sell a secured convertible debenture to YA Global Investments, L.P. (the
&ldquo;<U>Buyer</U>&rdquo;) in the principal amount of $450,000 (the &ldquo;<U>Debenture</U>&rdquo;), a copy of which is
attached hereto as <U>Exhibit 10.2 </U>and incorporated b y reference herein. The closing of the transaction was held on
February 6, 2012. In addition to the Debenture, the Company also issued a warrant to the Buyer to purchase 1,000,000 shares
of the Company&rsquo;s common stock, par value $0.001 per share (the &ldquo;<U>Common Stock</U>&rdquo;), for an exercise
price of $0.15 per share (the &ldquo;<U>Warrant</U>&rdquo;), a copy of which is incorporated by reference herein and attached
hereto as <U>Exhibit 10.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.55in">The Debenture shall mature
on July 29, 2012 (<FONT STYLE="color: windowtext; letter-spacing: 0pt">the </FONT>&ldquo;<U>Maturity Date</U>&rdquo;) and shall
accrue interest at a rate equal to fourteen percent (14%) per annum and such interest shall be paid on the Maturity Date (or sooner
as provided in the Debenture) in cash or, provided that certain Equity Conditions are satisfied (as such term is defined in the
<FONT STYLE="color: windowtext; letter-spacing: 0pt">Debenture</FONT>), in shares of Common Stock at the applicable Conversion
Price (as defined in the <FONT STYLE="color: windowtext; letter-spacing: 0pt">Debenture</FONT>). At any time, the Buyer shall be
entitled to convert any portion of the outstanding and unpaid principal and accrued interest thereon into fully paid and non-assessable
shares of Common Stock at a price equal to the lesser of $0.10 and ninety-five percent (95%) of the lowest volume weighted average
price of the Common Stock during the sixty (60) trading days immediately preceding each conversion date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The <FONT STYLE="color: windowtext; letter-spacing: 0pt">Debenture</FONT>
is secured by certain pledges made with respect to the assets of the Company and its subsidiaries as set forth in the Sixteenth
Ratification Agreement dated February 9, 2012 (the &ldquo;<U>Ratification Agreement</U>&rdquo;), and that certain Security Agreement
(the &ldquo;<U>Security Agreement</U>&rdquo;) and Patent Security Agreement (the &ldquo;<U>Patent Security Agreement</U>&rdquo;)
both dated July 29, 2008, by and among the Company, each of the Company&rsquo;s subsidiaries made a party thereto, and the Buyer.
Copies of the Security Agreement and the Patent Security Agreement are incorporated by reference herein and attached by reference
hereto as <U>Exhibits 10.4</U> and <U>10.5</U>, respectively. The Ratification Agreement is incorporated by reference herein and
attached as <U>Exhibit 10.6</U> hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In connection with the
Agreement, the Company also entered into those certain Irrevocable Transfer Agent Instructions (the &ldquo;<U>ITAI</U>&rdquo;)
with the Buyer, <FONT STYLE="color: windowtext; letter-spacing: 0pt">an escrow agent</FONT> and WorldWide Stock Transfer, LLC,
the Company&rsquo;s transfer agent, a copy of which is incorporated herein by reference and attached as <U>Exhibit 10.7</U> hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.55in">The Company shall not
affect any conversion, and the Buyer shall not have the right to convert any portion of the Debenture to the extent that after
giving effect to such conversion, the Buyer (together with the Buyer&rsquo;s affiliates) would beneficially own in excess of 9.99%
of the number of shares of Common Stock outstanding immediately after giving effect to such conversion, except for not less than
<FONT STYLE="color: windowtext; letter-spacing: 0pt">sixty-five (</FONT>65<FONT STYLE="color: windowtext; letter-spacing: 0pt">)</FONT>
days prior written notice from the Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.55in">The Company shall have
the right to redeem a portion or all amounts outstanding (subject to certain conditions) in the Debenture via Optional Redemption
(as defined in the Debenture) by paying the amount equal to the principal amount being redeemed plus a redemption premium equal
to ten percent (10%) of the principal amount being redeemed, and accrued interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 45pt">The foregoing descriptions
of the Agreement, Debenture, Warrant, Security Agreement, Patent Security Agreement, Ratification Agreement and ITAI do not purport
to be complete and are qualified in their entirety by reference to such documents, which are attached or incorporated by reference
as <U>Exhibits 10.1</U>, <U>10.2</U>, <U>10.3</U>, <U>10.4</U>, <U>10.5</U>, <U>10.6</U>, and <U>10.7</U>, respectively, to this
Current Report on Form 8-K and incorporated herein by reference.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0"><FONT STYLE="font-variant: small-caps">Item 3.02. Unregistered
Sales of Equity Securities </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.55in">See Item 1.01 herein above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: red">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD>Not applicable.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD>Not applicable.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD>Not applicable.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD><U>Exhibits</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in; color: red"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #CCCCCC">
    <TD STYLE="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; border-bottom: Black 0.5pt solid"><B>EXHIBIT</B></P></TD>
    <TD STYLE="width: 52%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; border-bottom: Black 0.5pt solid"><B>DESCRIPTION</B></P></TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0; border-bottom: Black 0.5pt solid"><B>LOCATION</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 9pt; text-autospace: none">Exhibit 10.1</TD>
    <TD STYLE="padding: 6pt 8.1pt 6pt 5.4pt; text-autospace: none; text-align: justify">Agreement, dated February 6, 2012, by and between the Company and YA Global Investments, L.P.</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; text-autospace: none; text-align: justify; padding-left: 4.5pt">Provided Herewith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 9pt; text-autospace: none">Exhibit 10.2</TD>
    <TD STYLE="padding: 6pt 9pt 6pt 5.4pt; text-autospace: none; text-align: justify">Secured Convertible Debenture, No. NEOM-12-2, dated February 6, 2012,&nbsp; issued by the Company to YA Global Investments, L.P.</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 4.5pt; text-autospace: none; text-align: justify">Provided Herewith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 9pt; text-autospace: none">Exhibit 10.3</TD>
    <TD STYLE="padding: 6pt 9pt 6pt 5.4pt; text-autospace: none; text-align: justify">Warrant, No. NEOM-0212, dated February 6, 2012, issued by the Company to YA Global Investments, L.P.</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 4.5pt; text-autospace: none; text-align: justify">Provided Herewith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 9pt; text-autospace: none">Exhibit 10.4</TD>
    <TD STYLE="padding: 6pt 9pt 6pt 5.4pt; text-autospace: none; text-align: justify">Security Agreement, dated July 29, 2008, by and among the Company, each of the Company&rsquo;s subsidiaries made a party thereto and YA Global Investments, L.P.</TD>
    <TD STYLE="padding: 6pt 9pt 6pt 4.5pt; text-autospace: none; text-align: justify">Incorporated by reference to <U>Exhibit 10.3</U> in the Company&rsquo;s Current Report on Form 8-K as filed with the SEC on August 4, 2008</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 9pt; text-autospace: none">Exhibit 10.5</TD>
    <TD STYLE="padding: 6pt 9pt 6pt 5.4pt; text-autospace: none; text-align: justify">Patent Security Agreement, dated July 29, 2008, by and among the Company, each of the Company&rsquo;s subsidiaries made a party thereto and YA Global Investments, L.P.</TD>
    <TD STYLE="padding: 6pt 9pt 6pt 4.5pt; text-autospace: none; text-align: justify">Incorporated by reference to <U>Exhibit 10.4</U> in the Company&rsquo;s Current Report on Form 8-K as filed with the SEC on August 4, 2008</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 9pt; text-autospace: none">Exhibit 10.6</TD>
    <TD STYLE="padding: 6pt 9pt 6pt 5.4pt; text-autospace: none; text-align: justify">Sixteenth Ratification Agreement, dated February 9, 2012, by and among the Company, each of the Company&rsquo;s subsidiaries made a party thereto, and YA Global Investments, L.P.</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 4.5pt; text-autospace: none; text-align: justify">Provided Herewith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 9pt; text-autospace: none">Exhibit 10.7</TD>
    <TD STYLE="padding: 6pt 9pt 6pt 5.4pt; text-autospace: none; text-align: justify">Irrevocable Transfer Agent Instructions, dated February 6, 2012, by and among the Company, the Buyer, David Gonzalez, Esq. and WorldWide Stock Transfer, LLC</TD>
    <TD STYLE="padding-top: 6pt; padding-bottom: 6pt; padding-left: 4.5pt; text-autospace: none; text-align: justify">Provided Herewith</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in; color: red"></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center">SIGNATURE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%; text-autospace: none; font-weight: normal"><FONT STYLE="font-weight: normal">Date:&#9;February 10, 2012</FONT></TD>
    <TD STYLE="width: 40%; padding-right: 5.4pt; padding-left: 5.4pt; text-autospace: none; font-weight: bold">NEOMEDIA TECHNOLGIES, INC.</TD></TR>
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    <TD STYLE="text-autospace: none">&nbsp;</TD></TR>
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    <TD STYLE="text-autospace: none; color: red">&nbsp;</TD>
    <TD STYLE="text-autospace: none">By:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>/s/ <I>Laura Marriott </I></U>______</TD></TR>
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    <TD STYLE="text-autospace: none; color: red">&nbsp;</TD>
    <TD STYLE="text-autospace: none">Name:&nbsp;&nbsp;&nbsp; Laura Marriott</TD></TR>
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    <TD STYLE="text-autospace: none; color: red">&nbsp;</TD>
    <TD STYLE="text-autospace: none">Its:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer</TD></TR>
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    <TD STYLE="text-autospace: none">&nbsp;</TD></TR>
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[{"type": "8-K", "sequence": "1", "filename": "v302125_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 25650}]
{"company-data": {"conformed-name": "NEOMEDIA TECHNOLOGIES INC", "cik": "0001022701", "assigned-sic": "7373", "irs-number": "363680347", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-21743", "film-number": "12594185"}, "business-address": {"street1": "CORPORATE CENTER II,SUITE 500", "street2": "TWO CONCOURSE PARKWAY", "city": "ATLANTA,", "state": "GA", "zip": "30328", "phone": "678-638-0460"}, "mail-address": {"street1": "CORPORATE CENTER II,SUITE 500", "street2": "TWO CONCOURSE PARKWAY", "city": "ATLANTA,", "state": "GA", "zip": "30328"}, "former-company": {"former-conformed-name": "DEVSYS INC", "date-changed": "19960911"}}
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) of the
SECURITIES EXCHANGE ACT OF 1934
__________________
Date of Report
(Date of earliest event reported)
:
February 6, 2012
NeoMedia Technologies, Inc.
(Exact Name of Registrant as Specified
in Charter)
Delaware
0-21743
36-3680347
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
1360 Center Drive, Suite 210, Dunwoody, GA
30338
(Address of principal executive offices)
(Zip code)
Registrant's telephone number, including area code:
(678) 638-0460
Not Applicable
(Former Name or Former Address, If Changed
Since Last Report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
1
Item 1.01. Entry
Into a Material Definitive Agreement
Agreement and Debenture Closing, February
6, 2012
On February 6, 2012,
NeoMedia Technologies, Inc., a Delaware corporation (the
"
Company
"
),
entered into an Agreement (the "
Agreement
"), a copy of which is attached hereto as
Exhibit 10.1
and incorporated by reference herein, to issue and sell a secured convertible debenture to YA Global Investments, L.P. (the
"
Buyer
") in the principal amount of $450,000 (the "
Debenture
"), a copy of which is
attached hereto as
Exhibit 10.2
and incorporated b y reference herein. The closing of the transaction was held on
February 6, 2012. In addition to the Debenture, the Company also issued a warrant to the Buyer to purchase 1,000,000 shares
of the Company's common stock, par value $0.001 per share (the "
Common Stock
"), for an exercise
price of $0.15 per share (the "
Warrant
"), a copy of which is incorporated by reference herein and attached
hereto as
Exhibit 10.3
.
The Debenture shall mature
on July 29, 2012 (
the
"
Maturity Date
") and shall
accrue interest at a rate equal to fourteen percent (14%) per annum and such interest shall be paid on the Maturity Date (or sooner
as provided in the Debenture) in cash or, provided that certain Equity Conditions are satisfied (as such term is defined in the
Debenture
), in shares of Common Stock at the applicable Conversion
Price (as defined in the
Debenture
). At any time, the Buyer shall be
entitled to convert any portion of the outstanding and unpaid principal and accrued interest thereon into fully paid and non-assessable
shares of Common Stock at a price equal to the lesser of $0.10 and ninety-five percent (95%) of the lowest volume weighted average
price of the Common Stock during the sixty (60) trading days immediately preceding each conversion date.
The
Debenture
is secured by certain pledges made with respect to the assets of the Company and its subsidiaries as set forth in the Sixteenth
Ratification Agreement dated February 9, 2012 (the "
Ratification Agreement
"), and that certain Security Agreement
(the "
Security Agreement
") and Patent Security Agreement (the "
Patent Security Agreement
")
both dated July 29, 2008, by and among the Company, each of the Company's subsidiaries made a party thereto, and the Buyer.
Copies of the Security Agreement and the Patent Security Agreement are incorporated by reference herein and attached by reference
hereto as
Exhibits 10.4
and
10.5
, respectively. The Ratification Agreement is incorporated by reference herein and
attached as
Exhibit 10.6
hereto.
In connection with the
Agreement, the Company also entered into those certain Irrevocable Transfer Agent Instructions (the "
ITAI
")
with the Buyer,
an escrow agent
and WorldWide Stock Transfer, LLC,
the Company's transfer agent, a copy of which is incorporated herein by reference and attached as
Exhibit 10.7
hereto.
The Company shall not
affect any conversion, and the Buyer shall not have the right to convert any portion of the Debenture to the extent that after
giving effect to such conversion, the Buyer (together with the Buyer's affiliates) would beneficially own in excess of 9.99%
of the number of shares of Common Stock outstanding immediately after giving effect to such conversion, except for not less than
sixty-five (
65
)
days prior written notice from the Buyer.
The Company shall have
the right to redeem a portion or all amounts outstanding (subject to certain conditions) in the Debenture via Optional Redemption
(as defined in the Debenture) by paying the amount equal to the principal amount being redeemed plus a redemption premium equal
to ten percent (10%) of the principal amount being redeemed, and accrued interest.
The foregoing descriptions
of the Agreement, Debenture, Warrant, Security Agreement, Patent Security Agreement, Ratification Agreement and ITAI do not purport
to be complete and are qualified in their entirety by reference to such documents, which are attached or incorporated by reference
as
Exhibits 10.1
,
10.2
,
10.3
,
10.4
,
10.5
,
10.6
, and
10.7
, respectively, to this
Current Report on Form 8-K and incorporated herein by reference.
Item 3.02. Unregistered
Sales of Equity Securities
See Item 1.01 herein above.
2
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(a)
Not applicable.
(b)
Not applicable.
(c)
Not applicable.
(d)
Exhibits
.
EXHIBIT
DESCRIPTION
LOCATION
Exhibit 10.1
Agreement, dated February 6, 2012, by and between the Company and YA Global Investments, L.P.
Provided Herewith
Exhibit 10.2
Secured Convertible Debenture, No. NEOM-12-2, dated February 6, 2012,  issued by the Company to YA Global Investments, L.P.
Provided Herewith
Exhibit 10.3
Warrant, No. NEOM-0212, dated February 6, 2012, issued by the Company to YA Global Investments, L.P.
Provided Herewith
Exhibit 10.4
Security Agreement, dated July 29, 2008, by and among the Company, each of the Company's subsidiaries made a party thereto and YA Global Investments, L.P.
Incorporated by reference to
Exhibit 10.3
in the Company's Current Report on Form 8-K as filed with the SEC on August 4, 2008
Exhibit 10.5
Patent Security Agreement, dated July 29, 2008, by and among the Company, each of the Company's subsidiaries made a party thereto and YA Global Investments, L.P.
Incorporated by reference to
Exhibit 10.4
in the Company's Current Report on Form 8-K as filed with the SEC on August 4, 2008
Exhibit 10.6
Sixteenth Ratification Agreement, dated February 9, 2012, by and among the Company, each of the Company's subsidiaries made a party thereto, and YA Global Investments, L.P.
Provided Herewith
Exhibit 10.7
Irrevocable Transfer Agent Instructions, dated February 6, 2012, by and among the Company, the Buyer, David Gonzalez, Esq. and WorldWide Stock Transfer, LLC
Provided Herewith
3
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date:	February 10, 2012
NEOMEDIA TECHNOLGIES, INC.
By:
/s/
Laura Marriott
______
Name:    Laura Marriott
Its:          Chief Executive Officer
4