The first day of “regular way” trading is anticipated to be March 31, 2023. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. IStar (STAR) witnessed a jump in share price last session on above-average trading volume.
- The closing of the merger is subject to certain conditions, as provided in the Agreement and Plan of Merger, dated as of August 10, 2022, between iStar and Safehold.
- Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
- Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment.
- In the standard Akkadian version of the Epic of Gilgamesh, Ishtar asks Gilgamesh to become her consort.
- See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
The common shares of Star Holdings have been approved for listing on the Nasdaq Global Market («Nasdaq»), subject to official notice of issuance, under the symbol «STHO.» We expect that a limited market in «when issued» trading of Star Holdings common shares on Nasdaq will develop one trading day before the record date of the distribution. Prior to the distribution, shares of iStar common stock that trade in the «regular way» market on the New York Stock Exchange («NYSE») will trade with the right to receive Star Holdings common shares on the distribution date. We expect that the common stock of the combined company in the merger («New Safe») will begin trading on a «when issued» basis on the NYSE on March 27, 2023, without the right to receive Star Holdings common shares in the distribution. After completion of the distribution and the merger, Star Holdings’ common shares will begin trading regular way on the Nasdaq and New Safe common stock will begin trading regular way on the NYSE. Inanna’s most famous myth is the story of her descent into and return from the ancient Mesopotamian underworld, ruled by her older sister Ereshkigal. After she reaches Ereshkigal’s throne room, the seven judges of the underworld deem her guilty and strike her dead.
About iStar (NYSE:STAR) Stock
Statements in this press release which are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although iStar believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can give no assurance that its expectations will be attained. The Company undertakes no obligation to update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise. IStar currently expects the distribution to be made before the open of trading on March 31, 2023, or on a date as promptly as practicable thereafter, subject to the satisfaction of the conditions to the spin-off. IStar expects to complete the merger with Safehold immediately following the distribution, subject to the satisfaction of the closing conditions to the merger.
The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
Latest STAR News
After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. IStar Inc finances, invests in, and develops real estate and real estate-related projects. The real estate finance segment comprises a portfolio of senior and subordinated loans secured by commercial real estate assets. The net lease segment is engaged in lease transactions across office, industrial, retail, hotel, entertainment, and other property types, primarily to corporate tenants.
No action is required by iStar stockholders in order to receive shares of Star Holdings in the distribution. Stockholders will receive cash in lieu of fractional shares of Star Holdings. The distribution is subject to the satisfaction or waiver of certain conditions, including iStar and Safehold having confirmed that the closing conditions to the merger have been satisfied or waived.
The operating properties segment owns, operates, and revitalises office, retail, and hotel properties. The land and development segment is engaged in land sales, as well as design, entitlement, and development of residential communities. 1 Wall Street analysts have issued «buy,» «hold,» and «sell» ratings for iStar in the last year. The consensus among Wall Street analysts is that investors should «hold» STAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STAR, but not buy additional shares or sell existing shares. She was especially beloved by the Assyrians, who elevated her to become the highest deity in their pantheon, ranking above their own national god Ashur.
People & Culture
An information statement will be made available to iStar’s stockholders regarding the terms of the distribution. The information statement is filed as Exhibit 99.1 to the Registration Statement on Form 10 that has been filed by Star Holdings with the Securities and Exchange Commission («SEC») for the proposed spin-off. The closing of the merger is subject to certain conditions, as provided in the Agreement and Plan of Merger, dated as of August 10, 2022, between iStar and Safehold. This press release should be read in conjunction with our consolidated financial statements and related notes in our Annual Report on Form 10-K («Form 10-K») for the year ended December 31, 2022.
Dividends are cumulative from the date of original issue and are payable quarterly, commencing on December 15, 1997, at the rate of 8% per annum of the $25 liquidation preference (equivalent to a fixed annual rate of
$2.00 per share). On and after October 8, 2002, the Series C Preferred Stock may be redeemed for cash at the option of the Company, in whole or in part, at a redemption price of https://g-markets.net/helpful-articles/the-difference-between-hammer-inverted-hammer-doji/ $25 per share, plus accrued and unpaid
dividends, if any, thereon to the redemption date. This security was issued by iStar Inc. , whose common stock symbol is STAR. She was believed to have been given the mes, which represented all positive and negative aspects of civilization, by Enki, the god of wisdom. She was also believed to have taken over the Eanna temple from An, the god of the sky.
All of them refuse her, except Enki, who sends two sexless beings to rescue Inanna. They escort Inanna out of the underworld, but the galla, the guardians of the underworld, drag her husband Dumuzid down to the underworld as her replacement. Dumuzid is eventually permitted to return to heaven for half the year, while his sister Geshtinanna remains in the underworld for the other half, resulting in the cycle of the seasons. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Inanna / Ishtar is alluded to in the Hebrew Bible, and she greatly influenced the Ugaritic Ashtart and later Phoenician Astarte, who in turn possibly influenced the development of the Greek goddess Aphrodite. Her cult continued to flourish until its gradual decline between the first and sixth centuries CE in the wake of Christianity. Dividends paid by preferreds issued by REITs are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Investors of record on Thursday, September 1st will be paid a dividend of $0.125 per share on Thursday, September 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of ∞.
Alongside her twin brother Utu (later known as Shamash), Inanna was the enforcer of divine justice; she destroyed Mount Ebih for having challenged her authority, unleashed her fury upon the gardener Shukaletuda after he raped her in her sleep, and tracked down the bandit woman Bilulu and killed her in divine retribution for having murdered Dumuzid. In the standard Akkadian version of the Epic of Gilgamesh, Ishtar asks Gilgamesh to become her consort. When he disdainfully refuses, she unleashes the Bull of Heaven, resulting in the death of Enkidu and Gilgamesh’s subsequent grapple with his own mortality.