Acacia Research

Acacia Research to Release First Quarter 2024 Financial Results on May 9

Retrieved on: 
Thursday, April 25, 2024
Professional Services, Business, Finance, ACTG, Webcast, Acacia Research

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

Key Points: 
  • Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024.
  • The Company will host a conference call on the same day to discuss these results at 4:30 p.m. ET/ 1:30 p.m. PT.
  • To access the live call, please dial 888-506-0062 (U.S. and Canada) or 973-528-0011 (international) and if requested, reference conference ID 136343.
  • Following the conclusion of the live call, a replay of the webcast will be available on the Company's website for at least 30 days.

Acacia Research Announces Closing of Benchmark Energy’s Transformative Acquisition in the Western Anadarko Basin

Retrieved on: 
Wednesday, April 17, 2024
Finance, Oil, Gas, Energy, Professional Services, Other Energy, Natural gas, ACTG, Acquisition, Acacia Research, Risk management

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”).

Key Points: 
  • 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.
  • Further, the Assets’ proximity to Benchmark’s existing operations in Texas creates further potential to develop operational synergies of scale within the basin.
  • MJ McNulty, Jr., Acacia’s Chief Executive Officer, stated, “We are pleased to inform our stockholders that our Benchmark subsidiary has closed its previously announced acquisition of operated producing wells in the Western Anadarko Basin.

Acacia Research to Release Fourth Quarter and Full Year 2023 Financial Results on March 14

Retrieved on: 
Thursday, February 29, 2024
Professional Services, Business, Finance, ACTG, Webcast, Acacia Research

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

Key Points: 
  • Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its fourth quarter and full-year 2023 financial results after the market closes on Thursday, March 14, 2024.
  • The Company will host a conference call on the same day to discuss these results at 4:30 p.m. ET/ 1:30 p.m. PT.
  • To access the live call, please dial 888-506-0062 (U.S. and Canada) or 973-528-0011 (international) and if requested, reference conference ID 248690.
  • Following the conclusion of the live call, a replay of the webcast will be available on the Company's website for at least 30 days.

Acacia Research Expands Oil and Gas Investments Through Benchmark Energy’s Transformative Acquisition in the Western Anadarko Basin

Retrieved on: 
Tuesday, February 20, 2024
Energy, Professional Services, Oil, Gas, Finance, Acquisition, Texas Panhandle, Natural gas, ACTG, Acacia Research, Risk, MJ, Security (finance), Heart, Partnership, Risk management

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.

Key Points: 
  • 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.
  • Kirk Goehring, Benchmark’s Chief Executive Officer, commented: “The acquisition of these assets represents a transformative moment in Benchmark Energy’s history and an important next step in our partnership with Acacia and McArron.
  • Further, the Assets’ proximity to Benchmark’s existing operations in Texas creates further potential to develop operational synergies of scale in the basin.
  • Additional details about the acquisition are included in a Form 8-K filed by Acacia today with the Securities and Exchange Commission.

Acacia Research Appoints Martin (“MJ”) D. McNulty, Jr. to Board of Directors, Named Permanent CEO

Retrieved on: 
Wednesday, February 14, 2024
Professional Services, Business, Finance, Acquisition, Interim, ACTG, MJ, Acacia Research, Management

Acacia Research Corporation (Nasdaq: ACTG) today announced that Martin (“MJ”) D. McNulty, Jr. has been named as Acacia’s permanent Chief Executive Officer.

Key Points: 
  • 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.
  • In addition, the Board of Directors expanded the size of the Board from six to seven directors, and the Board appointed Mr. McNulty as a director of the Company to serve until the Company’s 2024 annual meeting of stockholders.
  • The Board is confident that MJ possesses the unique skillset, leadership and strategic vision to lead Acacia forward.

Acacia Research Announces Licensing and Settlement Agreements Related to WiFi-6 Patents

Retrieved on: 
Wednesday, February 7, 2024
Professional Services, Technology, Legal, Mobile, Wireless, Telecommunications, Carriers and Services, Patent, AGT, Acacia Research, ACTG, Pharmaceutical industry

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

Key Points: 
  • Acacia Research Corporation (Nasdaq: ACTG) today announced an agreement related to its intellectual property business.
  • Atlas Global Technologies LLC (“AGT”), a subsidiary of Acacia Research Group LLC (the patent licensing business of Acacia Research Corporation), entered into licensing and settlement agreements relating to its WiFi-6 patent portfolio during the fourth quarter of 2023, with aggregate payments under such agreements totaling more than $81 million.
  • The details of such license and settlement agreements, including the parties and individual payment amounts, are confidential pursuant to those agreements.
  • The amount received by AGT will be net of customary legal fees and other expenses.

Acacia Research Acquires Majority Stake in Benchmark Energy

Retrieved on: 
Monday, November 13, 2023
Energy, Professional Services, Oil, Gas, Finance, MJ, Risk, Growth, Acquisition, Acacia Research, ACTG, Partnership

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”).

Key Points: 
  • 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”).
  • Under the terms of the transaction, McArron Partners (“McArron”), Benchmark’s existing lead investor, retains its investment in Benchmark and plans to commit additional capital to support growth.
  • We look forward to working with MJ and the Acacia team, with whom we have a strong previous relationship, to unlock substantial value for all stakeholders.
  • This new partnership will allow Benchmark to pursue larger, accretive acquisitions and drive value in our existing operations.”

Hudson Pacific Appoints Robert Harris to Board of Directors

Retrieved on: 
Monday, November 13, 2023
Commercial Building & Real Estate, Construction & Property, REIT, NYSE, Recreation, Invitae, EPR Properties, AMC Theatres, Hudson Pacific Properties, Pepperdine University, Business, Acacia Research, AMC, Management

Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Robert “Chip” Harris II has been appointed to the company’s Board of Directors effective November 8, 2023.

Key Points: 
  • Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Robert “Chip” Harris II has been appointed to the company’s Board of Directors effective November 8, 2023.
  • Harris succeeds outgoing board member Karen Brodkin.
  • Prior to that, Harris founded and served as President of Entertainment Properties Trust, a publicly listed entertainment, recreation and specialty real estate company.
  • “We want to thank Karen for her service to Hudson Pacific, and we are pleased to welcome Chip back to our Board,” said Victor Coleman, Chairman and CEO.

Acacia Research to Release Third Quarter 2023 Financial Results on November 13

Retrieved on: 
Thursday, November 2, 2023
Professional Services, Business, Finance, ACTG, Webcast, Acacia Research

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

Key Points: 
  • Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its third quarter 2023 financial results after the market closes on Monday, November 13, 2023.
  • The Company will host a conference call on the same day to discuss these results at 4:30 p.m. ET/ 1:30 p.m. PT.
  • To access the live call, please dial 877-545-0320 (U.S. and Canada) or 973-528-0002 (international) and if requested, reference conference ID 964870.
  • The conference call will also be simultaneously webcasted at https://www.webcaster4.com/Webcast/Page/2371/49368 and on the investor relations section of the Company’s website under Events & Presentations.

REV Group Announces Maureen O’Connell as New Independent Board Member

Retrieved on: 
Wednesday, August 30, 2023
General Automotive, Transportation, Automotive Manufacturing, Travel, Manufacturing, Aftermarket, Law Enforcement, Emergency Services, Other Transport, Automotive, Public Policy, Government, Transport, Public Transport, Other Automotive, Recreational Vehicles, REV Group, Risk, Gartner, New York University Stern School of Business, REIT, Acacia Research, NYU, Manhattanville College, Multimedia, Maureen, REV, Columbia Business School, Treasury, Next, Barnes & Noble, HH, Celebrity board director, NACD, CFO, Woman, NYSE, Nomination, REVG, Management, Business

REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles announced today that global business executive and board director, Maureen O’Connell, has been appointed as an independent member of its Board of Directors, effective August 25, 2023.

Key Points: 
  • REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles announced today that global business executive and board director, Maureen O’Connell, has been appointed as an independent member of its Board of Directors, effective August 25, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230829361824/en/
    REV Group Announces Maureen O’Connell as New Independent Board Member (Photo: Business Wire)
    “On behalf of the Board of Directors, I want to thank Justin for his valuable contributions to REV Group over the past seven years,” said Paul Bamatter, Chairman of REV Group’s Board of Directors.
  • Maureen’s diversity of experience will help broaden the skills of the current board and be invaluable to REV Group as it continues to execute on its vision.”
    In addition to REV Group, O’Connell currently is a board member and audit chair for Northwest Healthcare Properties REIT, a board member and audit chair for HH Global, and a board member for Arix Bioscience plc.
  • Maureen is also a board member and audit chair for Acacia Research, serving as audit chair since 2019, chairman from May 2019 until November 2022, and lead director since July 2023.