secwatch.observer — SEC 8-K summary
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Issuer:     ACACIA RESEARCH CORP (ACTG)
CIK:        0000934549
Form:       8-K
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0000934549-24-000003
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Acacia Research sells entire Arix stake for $57.1M to RTW Biotech
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- Sold 33,023,210 Arix shares for $57,078,670 aggregate (~£1.43/share).
- Buyer: RTW Biotech Opportunities Operating Ltd, a subsidiary of RTW Biotech Opportunities Ltd.
- Transaction closed January 19, 2024; Acacia no longer owns any Arix shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/934549/000093454924000003/0000934549-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/934549/000093454924000003/actg-20240119.htm
  HTML page:      https://secwatch.observer/filing/0000934549-24-000003

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