---
schema_version: "secwatch.filing_event.v1"
accession: "0000934549-23-000073"
form_type: "8-K"
ticker: "ACTG"
cik: "0000934549"
company_name: "ACACIA RESEARCH CORP"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T21:34:43.926933+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Acacia Research amends bylaws, retires Series A Preferred, appoints Lead Independent Director

## Summary
- Board approved Fifth Amended and Restated Bylaws with changes including lead independent director appointment, special meeting procedures, and compliance with Rule 14a-19.
- Secretary may call special meetings upon written request of holders of at least 10% voting power.
- Stockholder meetings may be held solely by remote communication; directors may be removed with or without cause by majority vote.
- Series A Convertible Preferred Stock retired after conversion; 350,000 shares eliminated, leaving no authorized shares.
- Board appointed Maureen O'Connell, director since 2019, as Lead Independent Director effective July 27, 2023.

## SEC filing metadata
- accession: 0000934549-23-000073
- form_type: 8-K
- ticker: ACTG
- cik: 0000934549
- company_name: ACACIA RESEARCH CORP
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/934549/000093454923000073/0000934549-23-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/934549/000093454923000073/actg-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000934549-23-000073
- JSON: https://secwatch.observer/filing/0000934549-23-000073.json
- Plain text: https://secwatch.observer/filing/0000934549-23-000073.txt

## Key facts
- Governance Changes
  ACACIA RESEARCH CORP: Certificate of Retirement filed to reduce authorized shares of Series A Convertible Preferred Stock by 350,000 shares, returning them to authorized but unissued preferred stock.
  - Change: charter amendment
  source text: On July [•], 2023, the Company filed with the Delaware Secretary of State a Certificate of Retirement (the “Certificate of Retirement”) of the Series A Convertible Preferred Stock to effect the retirement of the Series A Convertible Preferred Stock so converted.
  evidence_url: https://www.sec.gov/Archives/edgar/data/934549/000093454923000073/0000934549-23-000073-index.htm
- Governance Changes
  ACACIA RESEARCH CORP: Fifth Amended and Restated Bylaws approved, implementing changes including Lead Independent Director, updated stockholder proposal procedures, special meeting calling rights, remote meeting and director removal clarifications, and removal of former Section 2.14 (effective 2023-07-27).
  - Change: bylaw amendment
  - Effective: 2023-07-27
  source text: On July 27, 2023, the Board of Directors (the “Board”) of Acacia Research Corporation (the “Company”) approved the Fifth Amended and Restated Bylaws of the Company (the “Fifth Amended and Restated Bylaws”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/934549/000093454923000073/0000934549-23-000073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.