| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | January 8, 2024 |
| Accession Number: | 0001140361-24-000895 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | January 8, 2024 |
| Accession Number: | 0001140361-24-000895 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/19/2021 | $8.00 | Outperform | Barrington Research |
SC 13G/A - Startek, Inc. (0001031029) (Subject)
SC 13G/A - Startek, Inc. (0001031029) (Subject)
SC 13D/A - Startek, Inc. (0001031029) (Subject)
15-12G - Startek, Inc. (0001031029) (Filer)
EFFECT - Startek, Inc. (0001031029) (Filer)
POS AM - Startek, Inc. (0001031029) (Filer)
4 - Startek, Inc. (0001031029) (Issuer)
4 - Startek, Inc. (0001031029) (Issuer)
4 - Startek, Inc. (0001031029) (Issuer)
Barrington Research initiated coverage of StarTek with a rating of Outperform and set a new price target of $8.00
B. Riley resumed coverage of StarTek with a rating of Buy and set a new price target of $12.00 from $10.50 previously
B. Riley resumed coverage of StarTek with a rating of Buy and set a new price target of $10.50 from $9.00 previously
- Reduced Outstanding Debt by Nearly 60% Over Last Six Months - - Sustained Margins Despite Lower Revenue - Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, is reporting financial results for the second quarter ended June 30, 2023. As a result of current and planned divestitures, the Company has classified Middle East and Argentina operations as 'Held for Sale and Discontinued Operations'. Accordingly net revenue, gross profit, gross margin, SG&A expenses and adjusted EBITDA are reported for the continuing operations and net income, EPS, adjusted net income/(loss) and adjusted EPS are reported after consolidating continuing and d
Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, will hold a conference call on Thursday, August 10, 2023 at 5:00 p.m. ET to discuss its financial results for the second quarter ended June 30, 2023. The Company will report its results in a press release prior to the conference call. Startek management will host the call, followed by a question-and-answer period. Date: Thursday, August 10, 2023 Time: 5:00 p.m. ET Toll-free dial-in number: 1-888-999-3182 International dial-in number: 1-848-280-6330 Conference ID: 11152939 Please call the conference telephone number 10-15 minutes prior to the start time. An operator will registe
Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, will hold a conference call on Thursday, May 11, 2023 at 5:00 p.m. ET to discuss its financial results for the first quarter ended March 31, 2023. The company will report its results in a press release prior to the conference call. Startek management will host the call, followed by a question-and-answer period. Date: Thursday, May 11, 2023 Time: 5:00 p.m. ET Toll-free dial-in number: 1-844-826-3035 International dial-in number: 1-412-317-5195 Conference ID: 10178216 Please call the conference telephone number 10-15 minutes prior to the start time. An operator will register your
Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company's permanent Chief Executive Officer ("CEO"), effective immediately. The Company's Board of Directors (the "Board") carried out an extensive CEO search process that was supported by a nationally recognized executive recruiting firm and included both internal and external candidates. After assessing Mr. Rosenzweig's considerable contributions as interim CEO and his track record of value creation at Pitney Bowes and at other co
Believes Board's Refresh Fails to Address the Ineffective Leadership of CEO Marc Lautenbach, who has Overseen Dramatic Balance Sheet Deterioration and -50% TSR Despite Receiving ~$67 Million in Compensation Since 2012 Concerned New Chair Robert Dutkowsky Holds Four Public Company Director Roles, Maintains Two Public Company Chairman Roles, Overlapped at IBM with Mr. Lautenbach and Served on Committees That Perpetuated Failings at Pitney Bowes Modifies Slate to Include Five Nominees with Experience in Capital Allocation, Corporate Governance, Capital Raising, Logistics, the Postage and Shipping Sectors, and Turnarounds Provides a Framework for Improving Cashflow by Curtailing Global Ec
Nishit Shah Appointed as Global CFO, Jayanta Lahiri Appointed Global CIO, Completing Executive Team Startek® (NYSE:SRT), a global customer experience (CX) solutions provider, today announced the appointment of Nishit Shah as Global Chief Financial Officer and Jayanta Lahiri as Global Chief Information Officer. Shah and Lahiri report directly to Global CEO Bharat Rao. "I am delighted to have joined the Startek team," said Shah. "The global Startek footprint and investment in digital-first CX capabilities create a strong foundation. I look forward to working with the Startek team to execute on the company's priorities, accelerate growth and enhance value for all stakeholders." A chartere
StarTek, Inc. (NYSE:SRT) shares are trading higher Tuesday after the company announced an agreement to be acquired by funds managed by CSP Management Limited for $4.30 per share in cash. What To Know: CSP will acquire all shares of Startek common stock not already owned by CSP for $4.30 per share in cash. The all-cash transaction has a total enterprise value of approximately $217 million and total equity value of approximately $174 million. Trading of the stock was halted and then resumed early in Tuesday's session. Also, according to data from Benzinga Pro, the stock experienced above-average trading volume of 877,491 shares compared to its average volume of 31,152. Barrington Research a
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining around 175 points on Tuesday. The Dow traded up 0.53% to 33,781.59 while the NASDAQ rose 0.72% to 13,581.64. The S&P 500 also rose, gaining, 0.68% to 4,364.93. Check This Out: Walgreens Likely To Report Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts Leading and Lagging Sectors Materials shares surged by 1.5% on Tuesday. In trading on Tuesday, information technology shares rose by just 0.1%. Top Headline Neogen Corporation (NASDAQ:NEOG) reported weaker-than-expected results for its first quarter on Tuesday. The company posted quarterly sales of $2
Gainers SuperCom Ltd. (NASDAQ:SPCB) shares jumped 89% to $0.6805, after falling 13% on Monday. SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares climbed 87.1% to $3.18 after the company announced it secured a majority stake in True Gold Consortium. PowerFleet, Inc. (NASDAQ:PWFL) gained 42% to $2.80. Powerfleet and MiX Telematics entered into a definitive agreement to form one of the largest mobile asset Internet of Things Software-as-a-Service providers in the world. SaverOne 2014 Ltd (NASDAQ:SVRE) rose 31.1% to $0.7010. Intrusion Inc. (NASDAQ:INTZ) gained 30.4% to $0.4565. Intrusion has been awarded a $5 million agreement with a large telecommunications provider to pro
Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company's permanent Chief Executive Officer ("CEO"), effective immediately. The Company's Board of Directors (the "Board") carried out an extensive CEO search process that was supported by a nationally recognized executive recruiting firm and included both internal and external candidates. After assessing Mr. Rosenzweig's considerable contributions as interim CEO and his track record of value creation at Pitney Bowes and at other co
DENVER, Jan. 5, 2024 /PRNewswire/ -- Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, today announced the successful completion of its take-private acquisition by funds managed by Capital Square Partners ("CSP"), effective today, January 5, 2024. Under the terms of the definitive agreement for the transaction that was previously announced on October 10, 2023, CSP will acquire all shares of Startek common stock not already owned by CSP, for $4.30 per share in cash. With the completion of the take-private acquisition, Startek's common stock ceased trading before market open on January 5, 2024 and will no longer be listed on the New Y
DENVER, Dec. 14, 2023 /PRNewswire/ -- Startek® (NYSE:SRT), a global customer experience (CX) solutions provider, is proud to announce its recent recognition with two prestigious Comparably Awards: Best Company for Women and Best Company for Diversity. Comparably, a leading workplace culture and compensation monitoring site, collects and analyzes employee feedback to determine the recipients of its awards. This recognition in both the Best Company for Women and Best Company for Diversity categories highlights the company's outstanding efforts in fostering a workplace that values equality, inclusivity and individual contributions. "Receiving these awards is a tremendous honor," said Bharat Ra