Star Equity Launches ATM Preferred Stock Offering Program

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2026.05.18 22:42
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Star Equity Holdings, Inc. has launched an at-the-market preferred stock offering program, allowing it to sell up to $8.7 million of its 10% Series A Cumulative Perpetual Preferred Stock. The sales will occur on the Nasdaq Global Select Market, with the company retaining discretion over the timing and amount of sales. This flexible mechanism aims to strengthen the balance sheet while minimizing immediate dilution for existing stakeholders.