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OLD GREENWICH, Conn. - Hudson Global, Inc. (NASDAQ:HSON), currently trading at $9.87 with a market capitalization of $34.6 million, announced it will change its corporate name to Star Equity Holdings, Inc. effective September 5, 2025, following its August 22 merger with Star Operating Companies, Inc. According to InvestingPro analysis, the company appears undervalued at current levels.
The company’s ticker symbols on NASDAQ will simultaneously change from HSON and HSONP to STRR and STRRP for its Common Stock and 10% Series A Cumulative Perpetual Preferred Stock, respectively.
The leadership team will include Jeff Eberwein as Chief Executive Officer, Rick Coleman as Chief Operating Officer, Matt Diamond as Chief Accounting Officer, Hannah Bible as Chief Legal Officer, and Shawn Miles as Executive Vice President - Finance.
"Our transition to Star Equity Holdings marks an important milestone in our evolution and growth," said Eberwein. "The Star Equity Holdings name reflects our vision to build a diversified platform of businesses with strong fundamentals and long-term growth potential."
The company’s structure comprises four divisions: Building Solutions, Business Services, Energy Services, and Investments. The Building Solutions division operates in modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber manufacturing. The Business Services division provides recruitment solutions globally, while the Energy Services division focuses on downhole tools for various industries. The Investments division manages real estate assets and investment positions.
No action is required from shareholders regarding the name and ticker symbol changes, according to the company’s press release statement.
In other recent news, Hudson Global, Inc. reported its Q2 2025 earnings, which showed a mixed performance. The company missed its earnings per share (EPS) expectations, reporting $0.12 compared to the forecasted $0.17. However, Hudson Global exceeded revenue expectations, bringing in $35.5 million against the anticipated $34.38 million. Additionally, Hudson Global’s shareholders approved the issuance of common stock related to its planned acquisition of Star Equity Holdings, Inc. This merger will see Star Equity Holdings become a wholly owned subsidiary and renamed Star Operating Companies, Inc.
In a separate development, Hudson Global announced that CEO Jeffrey Eberwein will receive half of his base salary in equity grants, maintaining the overall compensation level. Eberwein also plans to purchase additional company shares, subject to internal policies and regulations. These recent developments reflect strategic moves by Hudson Global to strengthen its position and align executive compensation with company performance.
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