secwatch.observer — SEC 8-K summary
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Issuer:     Star Holdings (STHO)
CIK:        0001953366
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001104659-23-042207
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Holdings subsidiary enters ATM agreement to sell up to 1M Safehold shares
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- Star Investment Holdings SPV LLC, a Star Holdings subsidiary, signed an ATM Sales Agreement to sell up to 1,000,000 Safe Shares of Safehold Inc.
- Sales require Safehold's consent and may be executed in negotiated or at-the-market transactions.
- Agents' compensation capped at 2.0% of gross sales price; sales may also be made directly to agents as principal.
- The agreement enables Star Holdings to monetize part of its Safehold stake over time; no sales have occurred yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953366/000110465923042207/0001104659-23-042207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953366/000110465923042207/tm2311764d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-042207

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