---
schema_version: "secwatch.filing_event.v1"
accession: "0001210708-23-000137"
form_type: "8-K"
ticker: "STRR"
cik: "0001210708"
company_name: "Star Equity Holdings, Inc."
filed_at: "2023-12-08T23:59:59+00:00"
generated_at: "2026-06-07T15:26:24.628678+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hudson Global provides investor update; highlights $22M cash, $303M NOLs, new $5M buyback

## Summary
- Cash $22.0M, zero debt; $303M usable NOL carryforwards as of Dec 31, 2022.
- Acquired Hudson Singapore in Nov 2023; adds 30-year track record in SE Asia.
- Adj. EBITDA (RPO) margin target 25% of adj. net revenue; Q2 2023 rolling 4Q margin 13.9%.
- New $5M stock buyback program announced Aug 8, 2023; shares reduced ~12% since 12/31/18.
- Board & management own ~18% of shares outstanding.

## SEC filing metadata
- accession: 0001210708-23-000137
- form_type: 8-K
- ticker: STRR
- cik: 0001210708
- company_name: Star Equity Holdings, Inc.
- filed_at: 2023-12-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000137/0001210708-23-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210708/000121070823000137/hson-20231207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001210708-23-000137
- JSON: https://secwatch.observer/filing/0001210708-23-000137.json
- Plain text: https://secwatch.observer/filing/0001210708-23-000137.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.