Hudson Global Inc. has announced an update on its merger agreement with Star Equity Holdings, Inc. As previously disclosed, Hudson, through its wholly-owned subsidiary HSON Merger Sub, Inc., will merge with Star, with Star continuing as the surviving corporation and becoming a wholly-owned subsidiary of Hudson. The merger agreement specifies that Hudson's stockholders will vote on the issuance proposal at the upcoming 2025 Annual Meeting, scheduled for August 21. Hudson has filed a registration statement with the SEC to register shares of Hudson common stock and Series A Preferred Stock to be issued in the merger. The registration statement, which includes a joint proxy statement/prospectus, has been declared effective, and Hudson will begin disseminating the proxy materials to shareholders.
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