secwatch.observer — SEC 8-K summary
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Issuer:     ACACIA RESEARCH CORP (ACTG)
CIK:        0000934549
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000934549-23-000073
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/934549/000093454923000073/0000934549-23-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/934549/000093454923000073/actg-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000934549-23-000073

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