Star Equity Holdings Announces Reverse Stock Split
OLD GREENWICH, Conn., June 12, 2024 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq:STRR; STRRP) (“Star” or the “Company”), a diversified holding company, announced today a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-5 (the “Reverse Split”) and that it has filed a Certificate of Amendment of the Company’s Restated Certificate of Incorporation in order to effect the Reverse Split. The Reverse Split will take effect after market close on June 14, 2024, and common shares will begin trading on a post-split basis on the Nasdaq Global Market (“Nasdaq”) under a new CUSIP number (85513Q301) at the open of trading on June 17, 2024. The Company’s common stock will continue to trade under the symbol “STRR”.