---
schema_version: "secwatch.filing_event.v1"
accession: "0001953366-23-000008"
form_type: "8-K"
ticker: "STHO"
cik: "0001953366"
company_name: "Star Holdings"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T11:33:44.030992+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Star Holdings reports Q3 net loss of $81.8M, EPS -$6.14 on SAFE markdown

## Summary
- Net loss to common shareholders of $81.8 million; diluted EPS loss of $6.14.
- Non-cash mark-to-market loss of $80.2 million on 13.5M SAFE shares reduced EPS by $6.02.
- Monetized $24.8 million of land and development assets during Q3.
- Voluntarily repaid $15M of margin loan to $100M balance; post-quarter repaid $19.8M more.
- Company continues to focus on asset sales to maximize cash flow.

## SEC filing metadata
- accession: 0001953366-23-000008
- form_type: 8-K
- ticker: STHO
- cik: 0001953366
- company_name: Star Holdings
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1953366/000195336623000008/0001953366-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1953366/000195336623000008/stho-20231108x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001953366-23-000008
- JSON: https://secwatch.observer/filing/0001953366-23-000008.json
- Plain text: https://secwatch.observer/filing/0001953366-23-000008.txt

## Key facts
- Earnings Releases
  Star Holdings reported the quarter ended September 30, 2023 results: net income ($81.8 million), EPS ($6.14).
  - Period: the quarter ended September 30, 2023
  - Net income: ($81.8 million)
  - EPS: ($6.14)
  - Result: reported results
  source text: Net income (loss) attributable to common shareholders for the third quarter was ($81.8 million) and earnings (loss) per share was ($6.14).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1953366/000195336623000008/0001953366-23-000008-index.htm

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