Gyrodyne Announces Agreement with Star Equity Fund [Yahoo! Finance]
Gyrodyne , LLC (GYRO)
US:NASDAQ Investor Relations:
gyrodyne.com/investor.php
Company Research
Source: Yahoo! Finance
ST. JAMES, N.Y., Oct. 17, 2025 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (Nasdaq: GYRO), an owner and manager of a diversified portfolio of real estate properties (“Gyrodyne”), today announced that it has entered into an agreement (the “Agreement”) with Star Equity Fund, LP (“Star Equity Fund”), under which Star Equity Fund has withdrawn its slate of nominees for election at the 2025 annual shareholders meeting, and Gyrodyne will reduce the size of its board from five to four directors, freeze director compensation and limit the aggregate fee paid to the Chairman to $65,000. In connection with the reduction in board size, Richard Smith will be the sole nominee standing for election at the 2025 annual shareholders meeting. Star Equity has also agreed to certain customary standstill provisions. The full agreement with Star Equity will be filed in a Current Report on Form 8-K with the Securities and Exchange Commission. The agreement with Star Equity Fund reflects Gyrodyne's continued commi
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Sec Filings
- 11/10/25 - Form 10-Q
- 11/7/25 - Form 8-K
- 11/5/25 - Form 8-K
- GYRO's page on the SEC website