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Star Equity Fund Supports Sale of Superior Drilling Products (SDPI) to Drilling Tools International
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Star Equity Fund Supports Sale of Superior Drilling Products (SDPI) to Drilling Tools International

Jul 09, 2024
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Snowball Research
Snowball Research
Star Equity Fund Supports Sale of Superior Drilling Products (SDPI) to Drilling Tools International
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Key Summary: Between May 9, 2022, and July 8, 2024, Star Equity Fund actively engaged with the company, starting with disclosing a 6.73% stake and nominating two board candidates. They issued press releases advocating for corporate governance improvements, increased their stake to 9.03%, and engaged in discussions about maximizing shareholder value. On …

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