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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 21, 2023

 

 

 

Star Holdings

(Exact name of registrant as specified in its charter)

 

 

 

Maryland   001-41572   37-6762818
(State or other jurisdiction
of incorporation)		   (Commission
File Number)		   (I.R.S. Employer
Identification Number)

 

1114 Avenue of the Americas

39th Floor

New York, New York

       10036
(Address of principal executive offices)       (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (212) 930-9400

 

N/A

(Former name or former address, if changed since last report.)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class  

Trading

Symbol(s)

  

Name of each exchange

on which registered

Common shares of beneficial interest, $0.001 par value   STHO   Nasdaq Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On November 27, 2023, Safehold Inc. (“Safe”), our external manager, announced that Garett Rosenblum, our Chief Accounting Officer, informed Safe of his decision to resign from his position, effective December 31, 2023 to pursue other business opportunities. Mr. Rosenblum’s departure is not related to Star Holdings (the “Company”) or Safe’s financial or operating results or to any disagreements with the Company or Safe regarding the Company or Safe’s financial, operational, accounting, or reporting policies or practices.

 

Effective as of Mr. Rosenblum’s departure, Brett Asnas, our Chief Financial Officer, will assume the responsibility of the Company and Safe’s principal accounting officer and will directly supervise and manage Safe’s accounting team.

 

There are no arrangements or understandings between Mr. Asnas and any other persons pursuant to which Mr. Asnas was appointed. Mr. Asnas does not have any family relationships with any of the Company’s directors or executive officers. Mr. Asnas does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Biographical information for Mr. Asnas can be found in Safe’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on May 10, 2023, which such information is incorporated herein by reference.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: November 27, 2023

 

  Star Holdings
   
  By: /s/ Jay Sugarman
    Name: Jay Sugarman
    Title: Chief Executive Officer

 

-2-

 

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Cover
Nov. 21, 2023
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Document Type 8-K
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Document Period End Date Nov. 21, 2023
Entity File Number 001-41572
Entity Registrant Name Star Holdings
Entity Central Index Key 0001953366
Entity Tax Identification Number 37-6762818
Entity Incorporation, State or Country Code MD
Entity Address, Address Line One 1114 Avenue of the Americas
Entity Address, Address Line Two 39th Floor
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10036
City Area Code 212
Local Phone Number 930-9400
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Title of 12(b) Security Common shares of beneficial interest, $0.001 par value
Trading Symbol STHO
Security Exchange Name NASDAQ
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Elected Not To Use the Extended Transition Period true
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