Star Equity Holdings, Inc. completed its Hudson Talent Solutions acquisition of Cornerstone RPO, a recruitment process outsourcing provider, on November 2, 2026. Its subsidiary Hudson Talent Solutions US, Inc. paid the Sellers $500,000, including $100,000 held in escrow for indemnification, and issued a $250,000 fixed deferred consideration note. The unsecured note is non-interest-bearing absent default and payable in 36 monthly installments beginning on the first month anniversary of closing. Up to $1.5 million in earnout consideration may be paid upon cumulative legacy-client revenue of $6 million, $12 million and $20 million, respectively, during the 36-month period beginning on closing. Each of three $500,000 installments is payable 75% in cash and 25% in Star's 10% Series A Cumulative Perpetual Preferred Stock, with shares determined using a value of $10.00 per share.
An additional $250,000 may be paid contingent on the legal transfer of certain client contracts or establishment of certain business with Hudson Talent Solutions. Certain Cornerstone assets and liabilities were assigned to and assumed by Hudson Talent Solutions, and Cornerstone's employees became its employees. Cornerstone's Managing Principal, Rodney Ashby, joined Hudson Talent Solutions as a North American Sales Leader.
At Star Equity Holdings, Inc. (STRR), Chief Executive Officer and director Jeffrey E. Eberwein, who is also a ten percent owner, sold 2 shares of Series A Preferred Stock on October 29, 2026, at $9.02 per share. He directly held 750,094 shares after the sale. The sale was made under a Rule 10b5-1 trading plan adopted by Eberwein and assumed by Clear Street LLC; sales under the plan were permitted to begin October 1, 2026, and the plan expires October 1, 2028, unless terminated earlier.
Star Equity Holdings, Inc. (STRR) completed its acquisition of PD Machine, LLC on October 23, 2026; PD Machine merged into Alliance Machine Solutions, Inc., which survived as an indirect wholly owned subsidiary. The Vernal, Utah, machine shop provides specialized welding, repair, rebuilding and machining services for drilling and other equipment.
Consideration was $350,000 in cash and 75,000 shares of Star’s 10% Series A Cumulative Perpetual Preferred Stock, subject to customary adjustments for debt, cash on hand, transaction expenses and net working capital. Of those amounts, $50,000 and 5,000 preferred shares were held in escrow for indemnification and purchase-price adjustment obligations. Alliance Machines entered a lease with Davis Rentals, LLC for continued use of the property.
A separate acquisition of the owned real property by merger of Davis Rentals into 1218 East 135 South, Inc. is subject to satisfaction or waiver of closing conditions and calls for $150,000 in cash and 35,000 preferred shares. If conditions are not satisfied or waived by February 28, 2027, Star may forego the property purchase.
Star Equity Holdings, Inc. (STRR) is the issuer in an amended Schedule 13G reporting beneficial ownership by Mink Brook Partners LP, Mink Brook Opportunity Fund LP, Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC. Mink Brook Partners LP reported 218,136 shares (5.91%), and Mink Brook Opportunity Fund LP reported 98,003 shares (2.66%). Mink Brook Capital GP LLC, William Mueller, and Mink Brook Asset Management LLC each reported shared voting and dispositive power over 316,139 shares (8.57%). The reported securities are directly owned by advisory clients of Mink Brook Asset Management LLC; only Mink Brook Partners LP among those clients may be deemed to beneficially own more than 5%. The percentages use 3,689,403 shares outstanding as of August 14, 2026. Each reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
Jeffrey E. Eberwein, Star Equity Holdings, Inc.’s Chief Executive Officer, sold 840 shares of Series A Preferred Stock on October 22, 2026, at a weighted average price of $8.82 per share; individual sales ranged from $8.70 to $9.00. His reported direct holdings afterward were 750,096 shares. The sale was made under a Rule 10b5-1 trading plan adopted by Eberwein and assumed by Clear Street LLC. Sales under the plan were permitted to begin October 1, 2026, and the plan expires October 1, 2028, unless terminated earlier.
Star Equity Holdings, Inc. (STRR) Chief Executive Officer, director and 10% owner Jeffrey E. Eberwein sold 1,000 shares of Series A Preferred Stock on each of October 19, October 20 and October 21, 2026, at reported weighted-average prices of $9.11, $9.10 and $8.99 per share, respectively. The sales were made under a Rule 10b5-1 trading plan adopted by Eberwein and assumed by Clear Street LLC; sales under the plan were permitted to begin October 1, 2026, and the plan expires October 1, 2028, unless terminated earlier.
Star Equity Holdings, Inc. has agreed to acquire Harte Hanks, Inc.; if completed, Harte Hanks will survive as Star’s wholly owned subsidiary. For each eligible Harte Hanks common share, holders may elect $5.00 cash, 0.50 shares of Star’s 10% Series A Cumulative Perpetual Preferred Stock, or a mix, subject to proration.
Cash paid for shares, certain equity awards and fractional shares is capped at $19.2 million. If cash elections exceed the cap, cash-electing holders receive prorated cash and preferred stock, while preferred-stock and non-electing shares receive preferred stock. Star expects to finance the cash consideration through debt financing; closing requires at least $15.0 million in financing proceeds available on the closing date.
Closing also depends on approval by holders of a majority of Harte Hanks common stock voting power entitled to vote and other conditions. The separate advisory vote on merger-related executive compensation is non-binding and not a closing condition. Star preferred stock carries a $10.00 liquidation preference and cumulative dividends at 10% annually, payable quarterly when authorized and declared from funds legally available.
Star Equity Holdings, Inc. (STRR) Chief Executive Officer Jeffrey E. Eberwein reported three direct sales of Series A Preferred Stock: 1,000 shares at a weighted-average price of $9.10 per share on October 14, 2026; 1,001 shares at $9.14 per share on October 15; and 1,000 shares at $9.16 per share on October 16. The sales were made under a Rule 10b5-1 trading plan adopted by Eberwein and assumed by Clear Street LLC.
On October 15, Eberwein was credited with a 6,257-share restricted-stock award, reflecting his election to receive 50% of his base salary in restricted stock. His reported direct common-stock position after the award was 1,137,359 shares, including 23,852 restricted shares, 6,750 RSUs, and 1,106,757 common shares. The position excludes 2,000 shares held indirectly in contributory 401(k) and IRA accounts.
Star Equity Holdings, Inc. furnished an investor presentation on October 14, 2026, describing its diversified holding-company strategy and four divisions. For Q2 2026 TTM pro forma results, it reported $223.9 million in revenue, $92.9 million in gross profit, $5.9 million in adjusted EBITDA and an adjusted loss per diluted share of -$1.07. The pro forma reconciliation lists a $11.7 million net loss attributable to common shareholders; the results treat the Star Operating acquisition as if completed on July 1, 2025.
The presentation’s Vision 2030 shows approximately $400 million in revenue and an adjusted EBITDA goal of approximately $40 million, with acquisitions described as additive to the organic-growth forecast. As of June 30, 2026, Star listed $8.9 million in cash, $14.1 million in debt on operating businesses and $5.2 million in debt less cash. It cited $215 million of usable U.S. NOLs as of December 31, 2025, representing potential future cash tax savings of $45 million. The company says it cannot reconcile its long-term adjusted EBITDA estimate because future foreign-exchange and commodity-derivative effects are unpredictable.
Star Equity Holdings, Inc. CEO, director and ten-percent owner Jeffrey E. Eberwein reported selling 1,000 shares of Series A Cumulative Perpetual Preferred Stock on each of October 9, October 12 and October 13, 2026. The reported weighted-average prices were $9.14 per share on October 9 and $9.13 per share on October 12 and 13. The sales were made under a Rule 10b5-1 trading plan adopted by Eberwein and assumed by Clear Street LLC; sales under the plan were permitted to begin October 1, 2026, and it expires October 1, 2028, unless terminated earlier.