Star Equity Holdings (STRR) Sends Proposal to GEE Group (JOB), Highlighting Valuation Upside and Strategic Alternatives

Star Equity Holdings sent a non-binding, confidential letter to GEE Group on January 6, 2026 proposing a potential merger, arguing Star would be an attractive partner capable of reducing public company overhead, improving strategic focus, and creating shareholder value through operational collaboration and cross-selling opportunities. Star highlighted its diversified holding company model, experience in acquisitions, and hands-on operational support, and indicated it may be willing to pay a meaningful premium to GEE’s December 31, 2025 closing price of $0.1953, subject to due diligence. The transaction would be financed with a mix of cash, debt, and equity, remains subject to board approval and customary conditions, and Star proposed entering into a mutual NDA as the next step.