Star Equity Holdings Announces $5.9 Million Sale-Leaseback Transaction
Star Equity Holdings, Inc. (STRR)
Company Research
Source: GlobeNewswire
OLD GREENWICH, Conn., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, announced today that Star Real Estate Holdings USA, Inc. (“SRE”), the real estate arm of the Company’s Investments division, has entered into a sale-leaseback agreement for its South Paris, Maine facility. This facility will continue to be used by KBS Builders, Inc., Star’s wholly owned modular manufacturing business (“KBS”). The transaction is subject to customary due diligence and is expected to close in the first quarter of 2024. Under the terms of the transaction, SRE will sell its South Paris facility for $5.935 million and, simultaneously, a Company wholly owned subsidiary will enter into a 20-year lease agreement, with the right to extend for up to an additional 20 years. Following the closing of the transaction, KBS will continue to operate the South Paris facility pursuant to the lease, and the transaction will h
Show less
Read more
Impact Snapshot
Event Time:
STRR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STRR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STRR alerts
High impacting Star Equity Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
STRR
News
- Star Equity Holdings Announces its KBS Builders Business Unit Closed a $4 Million Revolving Line of Credit with KeyBankGlobeNewswire
- Star Equity Holdings, Inc. (NASDAQ:STRR) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Star Equity Holdings Full Year 2023 Earnings: Revenues Miss Expectations [Yahoo! Finance]Yahoo! Finance
- Star Equity Holdings, Inc. Announces 2023 Fourth Quarter and Full Year Financial Results [Yahoo! Finance]Yahoo! Finance
- Star Equity Holdings, Inc. Announces 2023 Fourth Quarter and Full Year Financial ResultsGlobeNewswire
STRR
Earnings
- 11/8/23 - Beat
STRR
Sec Filings
- 4/26/24 - Form 8-K
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- STRR's page on the SEC website