secwatch.observer — SEC 8-K summary
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Issuer:     HARTE HANKS INC (HHS)
CIK:        0000045919
Form:       8-K
Filed at:   2026-08-19T20:17:00+00:00
Accession:  0000045919-26-000009
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harte Hanks to be acquired by Star Equity for $5.00/share, ~100% premium
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- Merger consideration: $5.00 per share cash (capped at ~$19.2M total) or 0.50 Star 10% Series A Preferred (liquidation value $10.00/share).
- Aggregate equity value $38.4M; Harte Hanks board unanimously approved and recommends shareholder vote.
- 30-day go-shop period until Sept 13, 2026; closing expected in 60-90 days, subject to shareholder approval and financing.
- Termination fee $1,152,000 each side; Star to draw up to $15M from Harte Hanks' Texas Capital Bank facility for cash consideration.
- Support agreements with directors and officers; Star will file Form S-4 with joint proxy/prospectus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/45919/000004591926000009/0000045919-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/45919/000004591926000009/hhs-20260814.htm
  HTML page:      https://secwatch.observer/filing/0000045919-26-000009

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