---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-020686"
form_type: "8-K"
ticker: "ACTG"
cik: "0000934549"
company_name: "ACACIA RESEARCH CORP"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T15:12:32.973933+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Acacia begins rights offering up to $50.5M at $5.25/sh; signs new registration pact with Starboard

## Summary
- Rights offering: one right for every four shares held as of Feb 13, 2023; each right allows purchase of one share at $5.25.
- Subscription period runs Feb 14 to March 1, 2023; rights are non-transferable.
- Starboard affiliates entered into amended registration rights agreement requiring a resale registration statement within 90 days of request.
- Company to reimburse Starboard legal fees up to $25,000 per registration.

## SEC filing metadata
- accession: 0001104659-23-020686
- form_type: 8-K
- ticker: ACTG
- cik: 0000934549
- company_name: ACACIA RESEARCH CORP
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/934549/000110465923020686/0001104659-23-020686-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/934549/000110465923020686/tm236075d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-020686
- JSON: https://secwatch.observer/filing/0001104659-23-020686.json
- Plain text: https://secwatch.observer/filing/0001104659-23-020686.txt

## Key facts
- Material Agreements
  ACACIA RESEARCH CORP amended Registration Rights Agreement with certain affiliates of Starboard Value LP (effective 2023-02-14).
  - Action: amendment
  - Counterparty: certain affiliates of Starboard Value LP
  - Effective: 2023-02-14
  source text: On February 14, 2023, Acacia Research Corporation (the “Company”) entered into an amended and restated registration rights agreement (the “Registration Rights Agreement”) with certain affiliates of Starboard Value LP (together with Starboard Value, LP, “Starboard”), as contemplated by the recapitalization agreement, dated as of October 30, 2022 (the “Recapitalization Agreement”), with Starboard.
  evidence_url: https://www.sec.gov/Archives/edgar/data/934549/000110465923020686/0001104659-23-020686-index.htm

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