Harte Hanks announced the expiration of its 'Go-Shop Period' regarding the previously announced merger with Star Equity Holdings. During this period, the company solicited interest from 93 third parties and received acquisition proposals, but the Board has not identified any superior proposal and reaffirmed its recommendation to approve the Star Merger Agreement. Under the agreement dated August 14, 2026, Harte Hanks stockholders may elect to receive $5.00 in cash or 0.50 shares of Star’s 10% Series A Cumulative Perpetual Preferred Stock for each eligible share, with aggregate cash consideration capped at $19.2 million. The company remains subject to the merger agreement and intends to consummate the transaction. Harte Hanks operates as a global customer experience provider delivering marketing, data analytics, and logistics solutions.

Harte Hanks, Inc. entered into a definitive merger agreement with Star Equity Holdings, Inc., under which Star will acquire all outstanding shares of Harte Hanks common stock for an aggregate equity value of $38.4 million. Shareholders may elect to receive $5.00 per share in cash or 0.50 shares of Star's 10% Series A Cumulative Perpetual Preferred Stock, subject to a maximum cash payout cap of $19.2 million. The Harte Hanks Board unanimously recommends the transaction, which includes a 30-day go-shop period expiring September 13, 2026. Closing is expected within 60 to 90 days, pending shareholder approval and financing. Harte Hanks operates in the customer experience industry, providing marketing, data analytics, fulfillment, and logistics solutions.