Star equity holdings announces closing of $14.26 million underwritten public offering

Old greenwich, conn., jan. 24, 2022 (globe newswire) -- star equity holdings, inc. (nasdaq: strr; strrp) (“star equity” or the “company”), a diversified holding company, announced today the closing of its previously announced underwritten public offering of 9,500,000 shares of its common stock (or pre-funded warrants to purchase shares of common stock in lieu thereof) and warrants to purchase up to 9,500,000 shares of the company's common stock (the “common warrants”). each share of common stock (or pre-funded warrant in lieu thereof) was sold together with one common warrant to purchase one share of common stock at a price of $1.50 per share and common warrant. gross proceeds, before deducting underwriting discounts and offering expenses, are approximately $14.26 million.
STRR Ratings Summary
STRR Quant Ranking