secwatch.observer — SEC 8-K summary
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Issuer:     ACACIA RESEARCH CORP (ACTG)
CIK:        0000934549
Form:       8-K
Filed at:   2022-08-24T23:59:59+00:00
Accession:  0000934549-22-000049
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acacia Research extends Series B warrant cash exercise deadline to Sept 15 for Starboard talks
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- Special Committee formed to review Starboard relationship; retained independent financial and legal advisors.
- Cash exercise date for Series B Warrants extended from August 25, 2022 to September 15, 2022.
- Warrants permit purchase of up to 100 million shares at $5.25 (cash) or $3.65 (note cancellation).
- Extension provides time to negotiate simplified capital structure with increased resources.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/934549/000093454922000049/0000934549-22-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/934549/000093454922000049/actg-20220824.htm
  HTML page:      https://secwatch.observer/filing/0000934549-22-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer