Star Equity Holdings, Inc.

Star Equity Holdings, Inc. announced that its wholly owned subsidiary, 106 Bremer Avenue, LLC, has entered into a Purchase and Sale Agreement to sell real property located at 106 Bremer Avenue, Colfax, WI, to DWG Capital Partners for $5.2 million. Simultaneously, another subsidiary, Timber Technologies Solutions Inc., will enter into a 20-year triple net leaseback agreement for the same property. The company anticipates the closing to occur in the fourth quarter of 2026, subject to closing conditions. Star Equity Holdings, Inc. will guarantee the lease obligations of Timber Technologies.

Star Equity Holdings, Inc. announced it will release its financial results for the second quarter ended June 30, 2026, before the market opens on Friday, August 14, 2026. The company will host a conference call at 10:00 a.m. ET on the same day to discuss the results and management's outlook. Investors can access the call via dial-in numbers or a simultaneous webcast available on the company's investor relations website.

Star Equity Holdings, Inc. announced that its common stock has been added to the Russell Microcap Index, effective after the U.S. market close on June 26, 2026. This inclusion follows the 2026 Russell indexes reconstitution, which identifies the 4,000 largest U.S. stocks by market capitalization. CEO Jeff Eberwein highlighted that this is a meaningful milestone, expected to increase the company's visibility among institutional investors and broaden awareness as they execute their strategy.

Star Equity Holdings, Inc. announced its common stock has been added to the Russell Microcap® Index, effective June 26, 2026. This inclusion follows the 2026 Russell indexes reconstitution, which captures the 4,000 largest U.S. stocks. CEO Jeff Eberwein highlighted this as a meaningful milestone that expands the company's visibility among institutional and microcap investors.

Star Equity Holdings, Inc. has released an investor presentation detailing its business and operations as of March 31, 2026. The company outlines a strategy focused on organic growth, opportunistic share repurchases, and M&A and asset optimization, with a goal to grow Adjusted EBITDA from $12M in Q1 2026 TTM PF to $40M by 2030. The presentation highlights significant Net Operating Losses (NOLs) of $215M, potentially offering substantial future tax savings. Key financial figures for Q1 2026 TTM Pro Forma include $228.2M in revenue and $12.2M in Adjusted EBITDA.

Star Equity Holdings, Inc. announced that its management team will present and host one-on-one meetings with investors at the Noble Capital Markets Emerging Growth Virtual Conference. The conference is scheduled for June 3-4, 2026, with Star's main presentation on Wednesday, June 3, at 10:00 am ET. Investors can access the live presentation virtually and download a PDF copy from the company's investor relations section.

Star Equity Holdings, Inc. held its Annual Meeting of Stockholders on May 27, 2026. During the meeting, stockholders elected seven directors to serve on the board, approved the compensation of named executive officers on a non-binding advisory basis, and ratified the appointment of Wolf & Company, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2026. A quorum was present with 3,176,323 shares of common stock represented.

Star Equity Holdings, Inc. has entered into an At Market Issuance Sales Agreement with Ladenburg Thalmann & Co. Inc. This agreement allows the company to offer and sell up to $8,700,000 of its 10% Series A Cumulative Perpetual Preferred Stock. The sales will be conducted as "at the market" offerings, with the company paying a commission of up to 3.0% to the sales agent. The company is not obligated to sell any shares under this agreement.

Star Equity Holdings, Inc. announced that its Board of Directors declared a cash dividend of $0.25 per share for holders of its 10% Series A Cumulative Perpetual Preferred Stock. The record date for this dividend is June 1, 2026, and the payment date is June 10, 2026. Star Equity Holdings is a diversified holding company with divisions in Building Solutions, Business Services, Energy Services, and Investments.

Star Equity Holdings reported a significant increase in total revenues for Q1 2026, reaching $50.06 million, up 57.1% from $31.87 million in Q1 2025. This growth was primarily driven by the inclusion of the newly acquired Building Solutions and Energy Services segments following the merger with Star Operating Companies in August 2025. However, the company also experienced an increased net loss attributable to common shareholders of $(4.39) million, or $(1.17) per share, compared to a net loss of $(1.76) million, or $(0.59) per share, in the prior year.