Star Equity Holdings Inc. announced that its wholly-owned subsidiary, Alliance Drilling Tools LLC, has entered into three sale and leaseback agreements with Custom Capital Strategies, Inc. Under these agreements, Alliance Drilling Tools will sell properties in Texas, Utah, and Wyoming for a combined total purchase price of $1.7 million, and will continue operations at these locations through lease agreements. The transactions are expected to close in the first quarter of 2026, subject to customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Star Equity Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001210708-25-000154), on December 17, 2025, and is solely responsible for the information contained therein.
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