Star Equity Holdings buys Utah machine shop for $350,000 cash and preferred stock

Star Equity Holdings, Inc. completed the acquisition of PD Machine, LLC, which operates a machine shop in Vernal, Utah, on October 23, 2026. The consideration was $350,000 in cash and 75,000 shares of its 10% Series A Cumulative Perpetual Preferred Stock, subject to adjustments, with a separate real estate purchase still pending for $150,000 in cash and 35,000 preferred shares.

Key points

• Deal closed October 23, 2026; the target merged into subsidiary Alliance Machine Solutions, Inc.
• Cash consideration of $350,000 and 75,000 Series A Preferred shares, with $50,000 and 5,000 shares held in escrow
• Separate real estate closing for $150,000 cash and 35,000 Series A Preferred shares, subject to conditions; the company may forgo it if conditions are not met by February 28, 2027

The filing

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.