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Steel Partners Holdings L.P. reports developments for a diversified global holding company identified with the SPLP symbol on OTCQX. Recurring updates cover operating and financial results, limited-partner voting matters, board and governance actions at its general partner, and capital-structure activity under its limited partnership agreement.
Company news also includes preferred-unit distributions and redemptions, actions affecting common units, and initiatives across its family of companies. Steel Sports, a wholly owned subsidiary, appears in updates about youth-sports programs, advisory board appointments, and its values-based Steel Coaching System - The Lasorda Way.
Steel Partners Holdings offered to buy 51% of InMode (NASDAQ: INMD) at $18.00 per share, a 29% premium to the unaffected January 23, 2026 price. Steel says the offer is fully funded with no financing contingency and cites weak TSR, high cash balances, and repeated guidance cuts.
Steel Partners Holdings (OTCQX: SPLP) announced that its general partner assigned to affiliate Steel Excel, Inc. the right under Section 15 of the partnership agreement to purchase all outstanding common units not held by the general partner or its affiliates.
Steel Excel exercised that right on January 6, 2026, with the purchase effective January 16, 2026. The cash purchase price is $50.00 per Common Unit. Equiniti Trust Company, LLC will act as paying agent. A Notice of Election to Purchase Outstanding Common Units and Appraisal Rights was mailed to record holders on January 6, 2026. The release is informational and does not constitute an offer to purchase or tender any security.
Steel Partners Holdings L.P. (OTCQX: SPLP) announced on December 18, 2025 that Renata Simril, President and CEO of the LA84 Foundation, has joined the Steel Sports Advisory Board.
Steel Sports is a subsidiary focused on youth development through The Steel Coaching System. Simril’s appointment is presented as strengthening the board with experience in youth sports participation and coach education to further Steel Sports’ mission of putting kids first, building character, and promoting positive coaching.
Steel Partners Holdings (OTCQX: SPLP) announced on November 18, 2025 that Bobby Valentine has joined the Steel Sports Advisory Board. Valentine, a former MLB player, manager and executive, will advise Steel Sports on its "Kids First" youth-sports mission and coaching model.
Valentine brings 1,186 career managerial wins, a 2005 Japan Series championship, and an upcoming induction into the New York Mets Hall of Fame. Steel Sports says its programs have reached nearly 100,000 children since 2011 and use the Steel Coaching System – The Lasorda Way.
Steel Partners (OTCQX: SPLP) announced a new Rotational Leadership Program on November 13, 2025, launching a two-year professional development track across its family of companies.
The program features four structured six-month rotations across Supply Chain, Operations, Finance, HR, IT, Sales & Marketing and an Executive Track, hands-on projects, and mentorship from senior leaders. The inaugural cohort includes graduates and undergraduates with international experience and will begin rotations in the fall. The initiative aims to strengthen succession planning, talent pipelines, and long-term value creation while reinforcing the company’s core values and “Kids First” purpose.
More information and career details are available at the company careers page.
Steel Partners Holdings L.P. (OTCQX: SPLP) announced on October 22, 2025 that it will redeem all remaining outstanding units of its 6.00% Series A Preferred Units. The Preferred Units will be redeemed in cash at a redemption price of $25.00 per unit plus any accrued and unpaid distributions up to, but excluding, the redemption date specified in the Notice of Redemption delivered to holders. The redemption is being executed under the terms of the company’s Eleventh Amended and Restated Agreement of Limited Partnership. Equiniti Trust Company, LLC will act as the redemption agent. The Notice may be revoked by the company prior to the redemption date.
Steel Partners Holdings (OTCQX: SPLP) has declared a regular quarterly cash distribution of $0.375 per unit on its 6% Series A Preferred Units. The distribution will be payable on September 15, 2025, to unitholders of record as of September 1, 2025.
The company noted that future distributions on the Series A Preferred Units will remain at the board's discretion, considering factors such as operational results, cash flows, financial position, and capital requirements.
Steel Partners Holdings LP (OTCQX: SPLP) held its 2025 Annual Meeting of Limited Partners on May 23, 2025. Unitholders approved several key proposals, including the election of five independent directors to serve until the 2026 Annual Meeting: James Benenson III, Eric P. Karros, John P. McNiff, Lon Rosen, and Rory H. Tahari.
Shareholders also approved executive compensation on a non-binding basis, established annual advisory votes on executive compensation, and ratified Deloitte & Touche LLP as the independent auditor for FY2025. Additionally, unitholders approved a three-year extension to protect tax benefits from net operating loss carryforwards. The company has transitioned to filing reports under OTC Markets Group's Alternative Reporting Standard since Q1 2025.
Steel Partners Holdings (OTCQX: SPLP) has declared a quarterly cash distribution of $0.375 per unit on its 6% Series A Preferred Units. The distribution will be paid on June 15, 2025, to unitholders of record as of June 1, 2025. The company noted that future distributions will remain at the board's discretion, considering factors such as operational results, cash flows, financial position, and capital requirements.
Steel Partners Holdings L.P. (NYSE: SPLP) has announced its voluntary delisting from the New York Stock Exchange (NYSE) and deregistration from the SEC. The company plans to transition its Common Units and 6.0% Series A Preferred Units to the OTCQX platform, with trading expected to begin around May 2, 2025.
Key dates include: Form 25 filing with SEC around April 21, 2025; last NYSE trading day approximately May 1, 2025; Form 15 filing around May 1, 2025 to suspend SEC reporting obligations; and deregistration effectiveness expected July 30, 2025. The decision was made by SPLP's Board of Directors after evaluating the financial and administrative costs of maintaining NYSE listing and SEC registration.