secwatch.observer — SEC 8-K summary
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Issuer:     Star Holdings (STHO)
CIK:        0001953366
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001953366-23-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953366/000195336623000008/0001953366-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953366/000195336623000008/stho-20231108x8k.htm
  HTML page:      https://secwatch.observer/filing/0001953366-23-000008

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