Star Equity Holdings Completes $14.25M Common Stock and Warrant Offering
Olshan acted as counsel to Star Equity Holdings, Inc. in connection with a $14,250,000 registered underwritten public offering of common stock and warrants. Star Equity intends to use the net proceeds from this offering to pursue organic growth initiatives and fund potential acquisitions, and for working capital and other general corporate purposes. Star Equity is a diversified multi-industry holding company that currently operates primarily in the healthcare and construction business sectors. Maxim Group LLC served as the sole book-running manager for the offering. The public offering closed on January 24, 2022. The Olshan team was led by corporate partners Kenneth A. Schlesinger and Spencer G. Feldman with assistance from associate Brian G. Roe.