Articles from Acacia Research Corporation

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, today reported financial results for the three and nine months ended September 30, 2024. The Company also posted its third quarter 2024 earnings presentation on its website at www.acaciaresearch.com under Events & Presentations.

Acacia Research Corporation (NASDAQACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, announced today that it will release its third quarter 2024 financial results before market open on November 12, 2024.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, announced today that is has acquired Deflecto Acquisition, Inc. (“Deflecto”) for $103.7 million (the “Transaction”). Headquartered in Indianapolis, Indiana, Deflecto is a leading specialty manufacturer of essential products serving the commercial transportation, HVAC and office markets. Under Acacia’s ownership, Deflecto will continue to be led by Ross Pliska, Chief Executive Officer, and the existing Deflecto management team.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three and six months ended June 30, 2024. The Company is also releasing a new Corporate Overview Presentation and a Q2 2024 Earnings Presentation, both of which are being posted today on its website at www.acaciares.com under Events & Presentations.

Acacia Research Corporation (NASDAQACTG) announced today that it will release its second quarter 2024 financial results after the market closes on Thursday, August 8, 2024.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months ended March 31, 2024.

Acacia Research Corporation (NASDAQACTG) announced today it will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia”) today announced that its majority owned subsidiary, Benchmark Energy II, LLC (together with its subsidiaries, “Benchmark”), has completed its previously announced acquisition (the “Transaction”) to acquire certain upstream assets and related facilities (the “Assets”) in Texas and Oklahoma from a private seller (such transaction, the “Acquisition”). The Acquisition includes an interest in approximately 470 operated producing wells in the core of the Western Anadarko Basin, as well as a non-operated interest in the undeveloped Cherokee play. The wells are mature, have low-decline profiles and will add significant diversification to Benchmark’s production, with a balanced pro-forma portfolio of approximately 60% liquids and 40% natural gas. Further, the Assets’ proximity to Benchmark’s existing operations in Texas creates further potential to develop operational synergies of scale within the basin.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months and full year ended December 31, 2023.

Acacia Research Corporation (NASDAQACTG) announced today it will release its fourth quarter and full-year 2023 financial results after the market closes on Thursday, March 14, 2024.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia”) today announced that its majority owned subsidiary, Benchmark Energy II, LLC (together with its subsidiaries, “Benchmark”), has entered into a Purchase and Sale Agreement (“PSA”) to acquire certain upstream assets and related facilities (the “Assets”) in Texas and Oklahoma from a private seller (such transaction, the “Acquisition”). The Acquisition is anticipated to expand the Benchmark portfolio, adding approximately 140,000 net acres and approximately 470 operated producing wells in the prolific Western Anadarko Basin throughout the Texas Panhandle and Western Oklahoma.

Acacia Research Corporation (Nasdaq: ACTG) today announced that Martin (“MJ”) D. McNulty, Jr. has been named as Acacia’s permanent Chief Executive Officer. Mr. McNulty has been serving as the Company’s Interim Chief Executive Officer since November 1, 2022.

Acacia Research Corporation (Nasdaq: ACTG) today announced an agreement related to its intellectual property business.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today announced that it has acquired a majority interest in Benchmark Energy II, LLC (collectively with its affiliates, “Benchmark”). Headquartered in Austin, TX, Benchmark is an independent oil and gas company engaged in the acquisition, production and development of oil and gas assets in mature resource plays in Texas and Oklahoma. Benchmark is run by an experienced management team led by Chief Executive Officer Kirk Goehring, who previously served as Chief Operating Officer of both Benchmark and Jones Energy, Inc. Benchmark’s existing assets consist of over 13,000 net acres primarily located in Roberts and Hemphill Counties in Texas, and an interest in over 125 wells, the majority of which are operated.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three and nine months ended September 30, 2023.

Acacia Research Corporation (NASDAQACTG) announced today it will release its third quarter 2023 financial results after the market closes on Monday, November 13, 2023.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three and six months ended June 30, 2023.

Acacia Research Corporation (NASDAQACTG) announced today it will release its second quarter financial results after the market closes on Thursday, August 3, 2023.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months ended March 31, 2023.

Acacia Research Corporation (NASDAQACTG) announced today it will release its first quarter 2023 financial results after the market closes on Thursday, May 11, 2023.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months and full year ended December 31, 2022.

Acacia Research Corporation (NASDAQACTG) (“Acacia” or the “Company”) announced today that it has closed its previously-announced rights offering (the “Rights Offering”).

Acacia Research Corporation (NASDAQACTG) announced today it will release its fourth quarter and full-year 2022 financial results before market open on Thursday, March 16, 2023.

Acacia Research Corporation (NASDAQACTG) (“Acacia” or the “Company”) announced today that it has commenced its previously-announced rights offering (the “Rights Offering”).

Acacia Research Corporation (NASDAQACTG) (“Acacia” or the “Company”) announced today that it has fixed a record date for its previously announced proposed rights offering (the “Rights Offering”), as disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission (“SEC”) on November 1, 2022.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today announced that Richard Rosenstein, the Company’s Chief Financial Officer, will step down from his position, effective at the close of business on January 27, 2023, to pursue another professional opportunity. Acacia thanks Mr. Rosenstein for his significant contributions and strong leadership during his tenure.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today announced that its Board of Directors (the “Board”) has been conducting an internal investigation into the apparent misconduct of former Chief Executive Officer Clifford Press. After the Board had informed Mr. Press that it was aware of potential instances of misconduct that could qualify for a termination for cause, Mr. Press resigned as both Chief Executive Officer and as a director of the Company. Mr. Press confirmed such resignation on a phone call with a majority of the Board and external counsel. Mr. Press had previously issued a statement pertaining to his acknowledged retirement in the Company’s October 31, 2022 press release, noting he was “enormously grateful to the Board and everyone on the Acacia team.”

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three and nine months ended September 30, 2022.

Acacia Research Corporation (NASDAQACTG) announced today it will release its third quarter 2022 financial results before market open on Thursday, November 10, 2022.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) and Starboard Value LP (“Starboard”), an investment adviser with a focused and fundamental approach to investing in publicly traded U.S. companies, today announced an agreement to streamline the Company’s capital structure, further strengthen its financial position, and position it as a unique Starboard-backed corporate acquisition platform. As a result of the agreement, which provides for Starboard converting its ownership interests to common shares, Acacia has enhanced its ability to be a strategic acquirer of operating companies and positioned all of the Company’s shareholders to be invested on the same terms as Starboard.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today provided an update on the Company’s relationship with Starboard Value LP (“Starboard”). As previously disclosed, the Board of Directors of Acacia Research Corporation had formed a Special Committee of directors not affiliated or associated with Starboard to review Starboard’s relationship with the Company with the objective of establishing a simplified capital structure with increased capital resources for the next phase of the Company’s growth (the “Strategic Relationship”). The Special Committee and Starboard have been working together to reach a resolution to these matters.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three and six months ended June 30, 2022.

Acacia Research Corporation (NASDAQACTG) announced today it will release its second quarter 2022 financial results before market open on Thursday, August 11, 2022.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months ended March 31, 2022. The reported results reflect the contribution of Printronix Holding Corp. (“Printronix”), which was acquired on October 7, 2021.

Acacia Research Corporation (NASDAQACTG) announced today it will release its first quarter 2022 financial results before market open on Thursday, May 12, 2022.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months and full year ended December 31, 2021. The reported results reflect the contribution of Printronix Holding Corp. (“Printronix”), which was acquired on October 7, 2021. Acacia also reported preliminary results for the first quarter ending March 31, 2022.

Acacia Research Corporation (NASDAQACTG) announced today it will release its fourth quarter and year-end 2021 financial results before market open on Thursday, March 31, 2022.

Acacia Research Corporation (NASDAQACTG) ("Acacia" or "the Company") today announced that it has appointed Martin (“MJ”) D. McNulty, Jr. as Chief Operating Officer and Head of M&A and that Wesley L. Golby has been promoted to Chief Investment Officer. The appointments are effective immediately.

Martin D. McNulty, Jr., Former CEO of Starboard Value Acquisition Corp., Joins as Chief Operating Officer and Head of M&A Wesley Golby, Who Served as Director of Research, Promoted to Chief Investment Officer NEW YORK, NY / ACCESSWIRE / March 15, 2022 / Acacia Research Corporation (NASDAQACTG) ("Acacia" or "the Company") today announced that it has appointed Martin ("MJ") D. McNulty, Jr. as Chief Operating Officer and Head of M&A and

Acacia Research Corporation (Nasdaq: ACTG) today reported results for the three- and nine-month periods ended September 30, 2021.

Acacia Research Corporation (Nasdaq: ACTG) today announced that its subsidiary, Atlas Global Technologies LLC, has granted a license to Samsung Electronics Co., Ltd., related to Atlas Global’s Wi-Fi 6 standard essential patents and resolved patent litigation between the two parties.

Acacia Research Corporation (NASDAQACTG) announced today it will release its third quarter financial results after market close on Monday, November 15, 2021.

Acacia Research Corporation (Nasdaq: ACTG) (“Acacia”) today announced that Oxford Nanopore Technologies Limited (“Oxford Nanopore”), the company behind a new generation of nanopore-based sensing technology, whose products enable the real-time, high-performance, scalable analysis of DNA and RNA, has successfully completed its Initial Public Offering of shares on the London Stock Exchange at 425 pence per share.

Acacia Research Corporation (Nasdaq: ACTG) today reported results for the three- and six-month periods ended June 30, 2021.

Acacia Research Corporation (“Acacia” or “the Company”) (NASDAQACTG) announced today it will release its second quarter 2021 financial results on Monday, August 16, 2021, at 8:00 a.m. ET/ 5:00 a.m. PT.

Acacia Research Corporation (NASDAQACTG) today reported results for the three-month period ended March 31, 2021.

Acacia Research Corporation (“Acacia” or “the Company”) (NASDAQACTG) announced today it will release its first quarter 2021 financial results on Monday, May 17, 2021 at 8:00 a.m. ET/ 5:00 a.m. PT.