Acacia Research Corporation Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Acacia Research Corporation is holding its virtual 2024 Annual Meeting of Stockholders on May 21, 2024, urging all shareholders to vote.</b>

AI Summary

ACACIA RESEARCH CORP (ACTG) filed a Proxy Statement (DEF 14A) with the SEC on April 19, 2024. The 2024 Annual Meeting of Stockholders for Acacia Research Corporation will be held virtually on May 21, 2024, at 11:30 a.m. Eastern Time. Stockholders are urged to vote their shares via internet, telephone, or mail, regardless of attendance at the virtual meeting. Proxy materials are being mailed on or about April 19, 2024. Saratoga Proxy Consulting LLC is serving as the proxy solicitor for the meeting. The company's business address is 767 3rd Avenue, 6th Floor, New York, NY 10017.

Why It Matters

For investors and stakeholders tracking ACACIA RESEARCH CORP, this filing contains several important signals. The meeting's virtual format requires clear instructions and accessible voting methods to ensure maximum shareholder participation. The involvement of a proxy solicitor indicates a need for organized communication and potential engagement with shareholders on voting matters.

Risk Assessment

Risk Level: low — ACACIA RESEARCH CORP shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes indicated.

Analyst Insight

Stockholders should review the proxy materials and vote their shares by the deadline to ensure their voice is heard on corporate matters.

Key Numbers

• May 21, 2024 — Annual Meeting Date (2024 Annual Meeting of Stockholders)
• 11:30 a.m. Eastern Time — Annual Meeting Time (2024 Annual Meeting of Stockholders)
• April 19, 2024 — Proxy Material Mailing Date (Proxy materials are first being mailed on or about this date.)

Key Players & Entities

• ACACIA RESEARCH CORP (company) — Registrant Name
• Gavin Molinelli (person) — Chairman of the Board of Directors
• Saratoga Proxy Consulting LLC (company) — Proxy Solicitor
• May 21, 2024 (date) — Annual Meeting Date
• April 19, 2024 (date) — Mailing Date of Proxy Materials
• 767 3RD AVENUE, 6TH FLOOR (address) — Company Business Address
• New York, NY 10017 (address) — Company Business Address
• www.virtualshareholdermeeting.com/ACTG2024 (url) — Virtual Meeting Access

FAQ

Industry Context

Acacia Research Corporation operates in the patent licensing and enforcement sector, often involving intellectual property management and litigation.

Regulatory Implications

As a publicly traded company, Acacia Research Corporation is subject to SEC regulations regarding proxy solicitations and annual meetings.

What Investors Should Do

1. Review the proxy statement for agenda items and director nominations.
2. Vote your shares using the provided internet, telephone, or mail options.
3. Ensure your vote is submitted by the deadline to be counted for the annual meeting.

Key Dates

• 2024-05-21: 2024 Annual Meeting of Stockholders — Key date for shareholder participation and voting.
• 2024-04-19: Proxy Materials Mailing Date — Indicates when shareholders receive information for the meeting.

Year-Over-Year Comparison

This filing is a definitive proxy statement for the 2024 Annual Meeting, following the typical schedule for such corporate events.

Key Financial Figures

• $10,000 — Saratoga Proxy Consulting, LLC a fee of $10,000 plus phone and other related expenses,

Filing Documents

• definitiveproxy2024.htm (DEF 14A) — 833KB
• a1.jpg (GRAPHIC) — 3KB
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• b.jpg (GRAPHIC) — 2KB
• committeechair.jpg (GRAPHIC) — 8KB
• committeemember.jpg (GRAPHIC) — 8KB
• image_0.jpg (GRAPHIC) — 6KB
• image_2.jpg (GRAPHIC) — 4KB
• payvperftrs-comp.jpg (GRAPHIC) — 38KB
• proxy1.jpg (GRAPHIC) — 106KB
• proxy2.jpg (GRAPHIC) — 135KB
• saratogalogo-copya.jpg (GRAPHIC) — 8KB
• w.jpg (GRAPHIC) — 2KB
• 0000934549-24-000038.txt (&nbsp;) — 1296KB

From the Filing

DEF 14A 1 definitiveproxy2024.htm DEF 14A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box o Preliminary Proxy Statement o Confidential, for Use of the Commission (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material Pursuant to 240.14a-12 ACACIA RESEARCH CORPORATION (Name of Registrant as Specified In Its Charter) ___________________ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply) x No fee required. o Fee paid previously with preliminary materials o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 April 19, 2024 Dear Stockholders, We are very pleased to invite you to the virtual 2024 Annual Meeting of Stockholders of Acacia Research Corporation, which will be held on Tuesday, May 21, 2024, at 1130 a.m., Eastern Time. The Annual Meeting will be held virtually via webcast at www.virtualshareholdermeeting.comACTG2024 . Your vote is very important. Whether or not you plan to attend the virtual Annual Meeting, it is important that your shares be represented and voted at the virtual Annual Meeting. Therefore, we urge you to read the enclosed proxy materials and then promptly vote via the internet or telephone or by completing, signing, and returning by mail the enclosed proxy card, even if you plan to attend the virtual Annual Meeting. As a representative of your Board of Directors, it is my pleasure to work closely with the other members of the Board who are similarly committed to our stockholders and providing effective oversight and guidance to management. We deeply value your support. Very truly yours, s Gavin Molinelli Gavin Molinelli Chairman of the Board of Directors The proxy materials related to the Annual Meeting are first being mailed on or about April 19, 2024. If you have any questions or require any assistance with respect to voting your shares, please contact our proxy solicitor at the contact listed below Saratoga Proxy Consulting LLC 520 8th Avenue, 14th Floor New York, NY 10018 (212) 257-1311 Stockholders Call Toll Free at (888) 368-0379 Banks Brokers may call (212) 257-1311 Email infosaratogaproxy.com ACACIA RESEARCH CORPORATION 767 THIRD AVENUE, 6th FLOOR NEW YORK, NY 10017 NOTICE OF VIRTUAL ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 21, 2024 TO OUR STOCKHOLDERS NOTICE IS HEREBY GIVEN that the virtual 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Acacia Research Corporation (the "Company") will be held on Tuesday, May 21, 2024, at 1130 a.m., Eastern Time, via a live webcast, which can be accessed by visiting www.virtualshareholdermeeting.comACTG2024 . To access the virtual Annual Meeting, you will need a 16-digit control number. The control number is provided on your proxy card or through your broker or other nominee if you hold your shares in "street name." Stockholders will be able to attend, vote and submit questions virtually during the Annual Meeting. We are holding the Annual Meeting to consider and vote on the following proposals, as more fully described in the Proxy Statement accompanying this Notice of Annual Meeting 1 To elect seven directors to serve on our Board of Directors until the 2025 Annual Meeting of Stockholders or until their respective successors are duly elected and qualified 2 To ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024 3 To approve, on a non-binding, advisory basis, the compensation of our named executive officers as disclosed in the Proxy Statement 4 To approve the 2024 Acacia Research Corporation Stock Incentive Plan, which authorizes the issuance of a variety of equity awards, including stock options, restricted stock units, performance stock units and stock awards and 5 To transact such other business as may properly come before the Annual Meeting or at any postponement or adjournment thereof. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE STOCKHOLDER MEETING TO BE HELD ON MAY 21, 2024 The Proxy Statement, proxy card and Annual Report on Form 10-K for the fiscal year ended December 31, 2023 are available at httpswww.acaciaresearch.comproxy-materials. Our Board of Directors has established the close of business on April 1, 2024, as the record date (the "Record Date") for the determination of stockholders entitled to notice of, and to vote at, the virtual Annual Meeting and at any postponement or adjournment thereof. Only stockholders of record at the close of business on the Record Date are entitled to rec

View Full Filing

View this DEF 14A filing on SEC EDGAR