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STCN News and Press, Steel Connect Inc. From 08/19/22

Stock Information

Company Name: Steel Connect Inc.
Stock Symbol: STCN
Market: NASDAQ
Website: steelconnect.co

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STCN - Steel Partners: Company Expects To Ride On Favorable Pricing

Steel Partners recorded an increase in sales by $27.1 million in Q2 2022 despite the divestiture of SLPE due to favorable product pricing. Steel Partners has gained more than 10% year-to-date with investors hopeful that the company will acquire the remaining Steel Connect stake. S...

STCN - Labaton Sucharow Researching Possible Violations of Law - Steel Connect Inc. (STCN)

Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, announces that it is investigating claims on behalf of investors of Steel Connect Inc. (NASDAQ: STCN) for potential violations of law. If you are a shareholder who has been harmed, click here to parti...

STCN - SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates STCN, FSTX

NEW YORK, NY / ACCESSWIRE / July 22, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Steel Connect, Inc. (NASDAQ:STCN)'s ...

STCN - Hillandale Advisors Delivers Open Letter To Steel Connect's Board of Directors

Offer from Steel Partners Substantially Undervalues the Company and Its $2 Billion in Tax Assets (NOLs) Hillandale Plans to Vote All Shares Against Proposed Merger Proposes Alternative Structure to Unlock the Value of NOLs for Minority Shareholders CHARLOTTE, NC / ACCESSWIRE ...

STCN - INVESTIGATION NOTICE: Halper Sadeh LLP Investigates STCN, TPTX, EPZM

NEW YORK, NY / ACCESSWIRE / June 29, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Steel Connect, Inc. (NASDAQ:STCN)'s ...

STCN - Merger Arbitrage Mondays: Prologis Acquires Duke Realty For $26 Billion

After rejecting two prior offers from Prologis, Duke Realty entered into a definitive agreement to be acquired by Prologis in an all-stock deal valued at $26 billion. Continental Resources received a non-binding proposal from its founder, Harold Hamm, to acquire all outstanding shares...

STCN - Steel Connect GAAP EPS of -$0.17, revenue of $51.5M

Steel Connect press release (NASDAQ:STCN): Q3 GAAP EPS of -$0.17. Revenue of $51.5M (+4.3% Y/Y). For further details see: Steel Connect GAAP EPS of -$0.17, revenue of $51.5M

STCN - Steel Connect Reports Third Quarter Fiscal 2022 Financial Results

Third Quarter Fiscal 2022 Results Net revenue totaled $51.5 million, as compared to $49.4 million in the same period in the prior year Net loss from continuing operations, net of income taxes was $9.7 million, as compared to a net loss from continuing operations of $9.3 mi...

STCN - Steel Partners and Steel Connect Enter Into Definitive Merger Agreement

Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“Steel Partners”) and Steel Connect, Inc. (NASDAQ: STCN) (“Steel Connect”) today announced that they have signed a definitive merger agreement pursuant to which Steel Partners wi...

STCN - Steel Partners and Steel Connect Enter into Definitive Merger Agreement

Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“Steel Partners”) and Steel Connect, Inc. (NASDAQ: STCN) (“Steel Connect”) today announced that they have signed a definitive merger agreement pursuant to which Steel Partners wi...

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