other_material
confidence high
sentiment neutral
materiality 0.50
Star Equity enters ATM agreement to sell up to $8.7M of Series A Preferred Stock
Star Equity Holdings, Inc.
- Agreement with Ladenburg Thalmann to offer up to $8.7M of 10% Series A Cumulative Perpetual Preferred Stock.
- Sales agent commission of 3.0% of gross proceeds; company may suspend or terminate at any time.
- Shares will be sold at market prices via ordinary brokers' transactions or block trades.
- Prospectus supplement filed May 18, 2026 under effective S-3 registration statement.
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