Star Equity Holdings Approves Merger with Hudson Subsidiary

Star Equity Holdings' stockholders approved a merger with Hudson Global's subsidiary, HSON Merger Sub, effective August 22, 2025. The merger will result in Star continuing as a wholly owned subsidiary under the name 'Star Operating Companies, Inc.' The most recent analyst rating on STRR stock is a Hold with a $2.00 price target. Spark's AI Analyst rates STRR as Neutral, driven by strong earnings call results and positive corporate events, but weighed down by ongoing profitability and cash flow challenges.

Star Equity Holdings (STRR) stockholders have approved a merger with HSON Merger Sub, a subsidiary of Hudson Global (HSON), effective August 22, 2025. The merger will result in Star Equity Holdings continuing as a wholly owned subsidiary under the new name 'Star Operating Companies, Inc.' [1].

The merger proposal received a majority vote at a special meeting held on August 21, 2025, with 1,788,515 votes in favor, 90,748 against, and 988 abstentions. The merger is subject to the satisfaction or waiver of remaining closing conditions and is expected to be completed at 12:01 a.m. Eastern Time on Friday, August 22, 2025 [2].

The most recent analyst rating on STRR stock is a Hold with a $2.00 price target. According to Spark, TipRanks’ AI Analyst, STRR is rated as Neutral. The rating is driven by strong earnings call results and positive corporate events, including the merger, but is weighed down by ongoing profitability and cash flow challenges [1].

Star Equity Holdings has seen a significant improvement in its financial results for the second quarter of 2025. Revenue increased by 76% compared to the same period last year, and the company achieved a net income of $3.5 million, marking a substantial turnaround from the net loss of $3.8 million reported in the previous year’s corresponding quarter [2].

References:
[1] https://www.tipranks.com/news/company-announcements/star-equity-holdings-approves-merger-with-hudson-subsidiary
[2] https://www.investing.com/news/sec-filings/star-equity-holdings-stockholders-approve-merger-with-hudson-global-subsidiary-93CH-4205574