secwatch.observer — SEC 8-K summary
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Issuer:     Startek, Inc. (—)
CIK:        0001031029
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0001140361-24-000842
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Startek completes take-private acquisition by CSP at $4.30/share; stock delisted
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- Merger effective Jan 5, 2024; each share converted into $4.30 cash, total consideration ~$74.4M.
- Common stock delisted from NYSE, trading suspended before open on Jan 5, 2024.
- Directors Albert Aboody, Sudip Banerjee, Jerry Schafer, Anupam Pahuja, N.S. Balasubramanian resigned; Bharat Rao remains CEO.
- Amazon warrant to purchase 4M shares terminated upon closing.
- Funds managed by Capital Square Partners completed the acquisition; company now private.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031029/000114036124000842/0001140361-24-000842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031029/000114036124000842/ny20017658x1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-000842

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer