Acacia Research extends Series B warrant cash exercise date to Oct 28 for Starboard talks

ACACIA RESEARCH CORP

Cash exercise date for Series B warrants extended from Sept 30 to Oct 28, 2022.
Extension allows additional time for negotiations with Starboard regarding simplified capital structure.
Series B warrants allow purchase of up to 100M shares at $5.25 cash exercise or $3.65 note cancellation.
Approximately 31.5M warrants adjusted to permit cash exercise at $3.65; remaining 68.5M unchanged.

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