secwatch.observer — SEC 8-K summary
======================================

Issuer:     ACACIA RESEARCH CORP (ACTG)
CIK:        0000934549
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001683168-22-007358
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clifford Press resigns as CEO and President; COO Martin McNulty appointed interim CEO
--------------------------------------------------------------------------------

- Clifford Press resigned as CEO, President, and Board member, effective November 1, 2022.
- Resignation was not due to any disagreement with the Company on operations, policies, or practices.
- Martin D. McNulty Jr., current COO and Head of M&A, appointed interim CEO and Principal Executive Officer.
- Board intends to commence a search for a permanent successor; no changes to McNulty's compensation currently planned.
- No family relationships or transactions requiring disclosure under Item 404(a) exist.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/934549/000168316822007358/0001683168-22-007358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/934549/000168316822007358/acacia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-007358

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