Events at Acacia Automotive
Acacia Announces Acquisition of Chattanooga Auto Auction
Acacia recently announced its acquisition of Chattanooga Auto Auction in eastern Tennessee. This dazzling 56 acre facility with more than 70,000 square feet under roof is a proud addition to the Company, and lights the way for future acquisitions. Click on our "Auctions" link and select Chattanooga for a visual tour of the facility. See more on our "News" page.
Acacia Reports More Outstanding Results at its Augusta Auction Unit
Acacia Automotive's Augusta Auto Auction continues its record-breaking performances in spite of harsh economic conditions
during the past two years. Read more about it on our "News" page on this website and review the results and discussion in our filings with the SEC on our "SEC" page.
Acacia Automotive promotes David Bynum to Vice President and COO
On April 22, 2008, the Company acquired the services of one of the industry's most respected managers, Mr. David Bynum. Initially assuming the role of Regional Director of Sales and Operations for the Company, Mr. Bynum has worked closely with our Augusta Auto Auction operation and its management. Living just over two hours from that auction, Mr. Bynum considered it an effective place to start applying his many years of experience to our benefit. Effective January 1, 2009, Mr. Bynum assumed the larger role as Acacia's Vice President and Chief Operating Officer as he continues to serves on the corporation's
Board of Directors. You can read more about him on the "Directors and Managers" page of this website.
We are very excited to have David bring his great talents to Acacia as we structure the Company for its future endeavors.
Acacia Automotive holds its first Annual Meeting of Shareholders.
Acacia Automotive held its first Annual Meeting of Shareholders on Friday, November 2, 2007, at the Renaissance Orlando Resort at SeaWorld in Orlando FL. The meeting come to order at 10:00 a.m. EST as shareholders of record as of the close of business Tuesday, October 9, 2007, were invited to attend. The Proxy Statement is posted on the SEC website, and can be viewed by selecting the link below. A copy of the Company's 10-KSB Annual Report for 2006, required in conjunction with that proxy, may be viewed below as well.
Proxy Statement for November 2, 2007 Annual Meeting of Shareholders - Acacia Automotive, Inc.-->
Acacia enters the auction arena July 10, 2007!
No longer a "shell" company, Acacia initiated operations after closing on the acquisition of Augusta Auto Auction at 7 PM July 10, 2007. Holding our first auction the following day, Acacia Automotive finally achieved operational status after more than 18 months of planning and preparation by its management to establish the parent company as an acquisition vehicle and to finalize its first acquisition.
Acacia Automotive announces consummation of initial stock offering, raising over $1,000,000.00 in June 2007.
While it took months to prepare the dormant shell corporation for habitation by Acacia Automotive and even longer to come into compliance with the Securities and Exchange Commission through the filing of numerous reports and financials for several prior years, the company finally got its chance to shine as it completed its initial capital raise through the sale of Common stock subscriptions. Rushing to meet the June 11th offering deadline, the company exceeded its goal of raising an initial $1,000,000 as it prepared to begin operations in Augusta. Proceeds from the Company's future capital raises will be utilized for operating capital and to complete its next acquisition, anticipated to occur in 2008.
Read about these and other stories on our "News" page!
Please check this page often for updated event schedules.