secwatch.observer — SEC 8-K summary
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Issuer:     Star Equity Holdings, Inc. (STRR)
CIK:        0001210708
Form:       8-K
Filed at:   2026-08-14T21:14:01+00:00
Accession:  0001210708-26-000080
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Equity to acquire Harte Hanks for $5.00/share in cash and preferred stock
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- Merger values Harte Hanks at $5.00/share, ~$38.4M equity value; up to $19.2M cash, balance in Star 10% Series A Preferred.
- Pro-forma FY2025 revenue ~$384M, adjusted EBITDA ~$30M after ~$10M annualized cost synergies.
- Star's $215M U.S. Federal NOLs to benefit combined company; no Star common stock issued.
- 30-day go-shop; termination fee $1.152M each side; support agreements from HH directors/officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210708/000121070826000080/0001210708-26-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210708/000121070826000080/hson-20260814.htm
  HTML page:      https://secwatch.observer/filing/0001210708-26-000080

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