Acacia Research Endorses the New Directors of Immersion Corp
Acacia Research Corporation (ACTG)
Last acacia research corporation earnings: 8/8 04:00 pm
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US:NASDAQ Investor Relations:
acaciaresearch.com/investor-relations
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Source: Business Wire
Acacia Supports the Shareholder Agreement with VIEX Capital AdvisorsViews Cost Cutting Plan and the Formation of Strategic Committee as Promising First StepsExpects New Board to Effectively Oversee Operating Plan, Review Strategy and Hold Management Accountable NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (“we”, "Acacia) (Nasdaq: ACTG) today provided an update on its investment in Immersion Corporation (Nasdaq: IMMR) ("Immersion") and its previous nomination of directors for election to the Board of Directors of Immersion (the "Board") .“On August 1, 2019 we stated on Schedule 13D that we believed Immersion shares were trading at a discount to intrinsic value owing to corporate missteps and errors of strategy,” commented Al Tobia, President and Chief Investment Officer of Acacia Research Corporation. “We objected to the composition of the Immersion Board and their failure to hold management accountable for a profitable operating plan. We continued to monitor Immersion and
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ACTG
Sec Filings
- 11/6/25 - Form 10-Q
- 11/5/25 - Form 8-K
- 10/1/25 - Form 4
- ACTG's page on the SEC website