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Acacia s Two New Stocks Begin Life on Nasdaq

NEW YORK, Dec. 17 - Fulfilling a promise made last March, Acacia Research today said its two new classes of common stock--Acacia Research/CombiMatrix and Acacia Research/Acacia Technologies--have begun trading on the Nasdaq exchange.

 

Acacia created the classes as part of a recapitalization that had been approved by company stockholders in May. The two stocks replace Acacia's one common stock that formerly traded on the Nasdaq under the symbol ACRI.

 

According to Acacia, Acacia Research/CombiMatrix stock, which will trade under the ticker CBMX, will reflect the performance of its CombiMatrix subsidiary. The Acacia Research/Acacia Technologies stock, which will trade as ACTG, will follow Acacia Research's media-technology businesses.