Acacia research reports second quarter 2023 financial results

New york--(business wire)--acacia research corporation (nasdaq: actg) (“acacia” or the “company”) today reported financial results for the three and six months ended june 30, 2023. key business highlights on july 13, 2023, completed its recapitalization transaction with starboard value lp, and as part of this transaction: starboard converted 350,000 shares of acacia's series a convertible preferred stock into 9,616,746 shares of common stock, including 27,704 shares of common stock issued in re.
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