secwatch.observer — SEC 8-K summary
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Issuer:     ACACIA RESEARCH CORP (ACTG)
CIK:        0000934549
Form:       8-K
Filed at:   2022-09-30T23:59:59+00:00
Accession:  0000934549-22-000068
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/934549/000093454922000068/0000934549-22-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/934549/000093454922000068/actg-20220930.htm
  HTML page:      https://secwatch.observer/filing/0000934549-22-000068

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