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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="color: black">Date of Report
</FONT>(Date of earliest event reported) <FONT STYLE="color: black">: <B>June 1, 2012 </B></FONT></P>

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

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 41%; padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-decoration: underline; text-align: center">Delaware</TD>
    <TD STYLE="width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-decoration: underline; text-align: center">0-21743</TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; 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-align: center">(State or other jurisdiction of incorporation)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Commission File Number)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(IRS Employer Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-decoration: underline; text-align: center">100 West Arapahoe, Suite 9 Boulder CO&nbsp;</TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-decoration: underline; text-align: center">80302</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Address of principal executive offices)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Zip code)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Registrant's telephone number, including area code:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-decoration: underline; text-align: center">(678) 638-0460</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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

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

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

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)</FONT></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR></TABLE>

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

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR></TABLE>



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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>&nbsp;</B></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Agreement and Debenture Closing, June
1, 2012 </I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On June 1, 2012, NeoMedia
Technologies, Inc., a Delaware corporation (the &ldquo; <U>Company </U>&rdquo; ), 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 by reference
herein. The closing of the transaction was held on June 1, 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: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in"><FONT STYLE="color: black">The
Debenture shall mature on August 1, 2013 ( </FONT>the <FONT STYLE="color: black">&ldquo; <U>Maturity Date </U>&rdquo;) and shall
accrue interest at a rate equal to nine and one half percent (9.5%) 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>Debenture <FONT STYLE="color: black">), in shares of Common Stock at the applicable Conversion Price (as defined
in the </FONT>Debenture <FONT STYLE="color: black">). 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. </FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: black">The
</FONT>Debenture <FONT STYLE="color: black">is secured by certain pledges made with respect to the assets of the Company and its
subsidiaries as set forth in the Nineteenth Ratification Agreement dated June 1, 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. </FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: black">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>an escrow agent <FONT STYLE="color: black">and World Wide 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. </FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in"><FONT STYLE="color: black">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>sixty-five (<FONT STYLE="color: black">65</FONT>) <FONT STYLE="color: black">days prior written notice
from the Buyer. </FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 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: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>&nbsp;</B></FONT></P>

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

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

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

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

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

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

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    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px">(a)</TD>
    <TD>Not applicable.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px">(b)</TD>
    <TD>Not applicable.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px">(c)</TD>
    <TD>Not applicable.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px">(d)</TD>
    <TD><U>Exhibits </U>. </TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 13%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 0.5pt solid"><B>EXHIBIT </B></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 51%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 0.5pt solid"><B>DESCRIPTION </B></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 32%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: black 0.5pt solid"><B>LOCATION </B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit 10.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Agreement, dated June 1, 2012, by and between the Company and YA Global Investments, L.P.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Provided Herewith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit 10.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Secured Convertible Debenture, No. NEOM-12-5, dated June 1, 2012,&nbsp; issued by the Company to YA Global Investments, L.P.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Provided Herewith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit 10.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Warrant, No. NEOM-0512, dated June 1, 2012, issued by the Company to YA Global Investments, L.P.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Provided Herewith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit 10.4</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="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>&nbsp;</TD>
    <TD STYLE="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>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit 10.5</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="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>&nbsp;</TD>
    <TD STYLE="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>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit 10.6</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Nineteenth Ratification Agreement, dated June 1, 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>&nbsp;</TD>
    <TD STYLE="text-align: justify">Provided Herewith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit 10.7</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Irrevocable Transfer Agent Instructions, dated June 1, 2012, by and among the Company, the Buyer, David Gonzalez, Esq. and WorldWide Stock Transfer, LLC</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">Provided Herewith</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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

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

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%">Date: June 7, 2012</TD>
    <TD STYLE="width: 40%; padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold">NEOMEDIA TECHNOLGIES, INC.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="color: red">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="color: red">&nbsp;</TD>
    <TD>By: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>/s/ <I>Laura Marriott&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="color: red">&nbsp;</TD>
    <TD>Name:&nbsp;&nbsp;&nbsp; Laura Marriott</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="color: red">&nbsp;</TD>
    <TD>Its:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer</TD></TR>
</TABLE>
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{"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": "12894933"}, "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)
:
June 1, 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.)
100 West Arapahoe, Suite 9 Boulder CO
80302
(Address of principal executive offices)
(Zip code)
Registrant's telephone number, including area code:
(678) 638-0460
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))
Item 1.01. Entry Into
a Material Definitive Agreement
Agreement and Debenture Closing, June
1, 2012
On June 1, 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 by reference
herein. The closing of the transaction was held on June 1, 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 August 1, 2013 (
the
"
Maturity Date
") and shall
accrue interest at a rate equal to nine and one half percent (9.5%) 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 Nineteenth Ratification Agreement dated June 1, 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 World Wide 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 June 1, 2012, by and between the Company and YA Global Investments, L.P.
Provided Herewith
Exhibit 10.2
Secured Convertible Debenture, No. NEOM-12-5, dated June 1, 2012,  issued by the Company to YA Global Investments, L.P.
Provided Herewith
Exhibit 10.3
Warrant, No. NEOM-0512, dated June 1, 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
Nineteenth Ratification Agreement, dated June 1, 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 June 1, 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: June 7, 2012
NEOMEDIA TECHNOLGIES, INC.
By:
/s/
Laura Marriott
Name:    Laura Marriott
Its:          Chief Executive Officer
4