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Acacia Research is a BDC that acquires, operates, and sells small- to mid-sized companies in various industries. The company's revenue sources include patent licensing, industrial sector ownership, and energy operations. The company's valuation is appealing due to its high cash on hand and strong enterprise value metrics.
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Acacia Research Corporation (NASDAQ:ACTG ) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Rob Fink - FNK, IR MJ McNulty - CEO Kirsten Hoover - Interim CFO Conference Call Participants Brett Reiss - Janney Montgomery Scott Adam Eagleston - Formidable Asset Management Operator Good day and welcome to the Acacia Research First Quarter 2024 Financial Results Conference...
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months ended March 31, 2024. Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer, stated, “With the establishment of our strategic partnership with Benchmark Energy, and through its most recent acquisition, we have significantly diversified our port...
NEW YORK--(BUSINESS WIRE)--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 (interna...
NEW YORK--(BUSINESS WIRE)--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 (suc...
Acacia Research released its 2023 full year results and made three important announcements in the last two months. The company completed the sale of Arix Bioscience shares and entered into substantial licensing and settlement agreements related to its WiFi-6 patent portfolio. ACTG shifted gears in implementing its new strategy.
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