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Hudson RPO Announces Strategic Integration of CMRG to Expand Employer Branding and Talent Engagement Capabilities
Globenewswire· 2025-08-01 13:10
Core Insights - Hudson Global, Inc. announced the strategic integration of McKinsey CMO Group (CMRG), enhancing its capabilities in recruitment marketing and talent engagement [1][2] - The integration aims to strengthen employer branding and improve candidate experiences, providing a comprehensive suite of services [2][4] - Crystal McKinsey, the founder of CMRG, will assume the role of Global Head of Marketing at Hudson RPO, focusing on talent attraction and employer branding [3] Company Strategy - The integration of CMRG is a pivotal step in Hudson RPO's growth strategy, enhancing its marketing and talent acquisition solutions [4] - Hudson RPO aims to deliver end-to-end talent solutions, helping clients become employers of choice in competitive markets [4] - The move is designed to be cost-efficient, emphasizing scalable and strategic talent solutions that drive long-term value for shareholders [4] Market Position - Hudson RPO is positioned as a leading global provider of flexible and scalable total talent solutions, combining people, process, and technology [5] - The company partners with talent acquisition, HR, and procurement leaders to build diverse, high-impact teams [5] - The integration with CMRG is expected to enhance Hudson RPO's operational excellence and global reach [4]
Hudson Global to Report Second Quarter 2025 Financial Results on August 8
Globenewswire· 2025-07-30 12:30
Schedules Conference Call and Webcast OLD GREENWICH, Conn., July 30, 2025 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON), a leading global talent solutions company, will issue its second quarter financial results for the period ended June 30, 2025, before the market opens on Friday, August 8, 2025. The company will host a conference call to review its results that same day at 10:00 am ET (7:00 am PT). If you wish to join the conference call, please use the dial-in information below: A simultaneous w ...
URGENT: The M&A Class Action Firm Encourages $hareholders to Act Before Vote – Hudson Global, Inc. (HSON)
GlobeNewswire News Room· 2025-07-29 14:40
NEW YORK, July 29, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Hudson Global, Inc. (HSON) related to its merger with Star Equity Holdings, Inc. Upon completion of the proposed transaction, Hudso ...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FL, ENZB, HSON on Behalf of Shareholders
Prnewswire· 2025-07-28 22:37
Group 1 - Halper Sadeh LLC is investigating Foot Locker, Inc. for potential violations related to its sale to DICK'S Sporting Goods, where shareholders can choose between $24.00 in cash or 0.1168 shares of DICK'S common stock for each share of Foot Locker [1] - Enzo Biochem, Inc. is being sold to Battery Ventures for $0.70 per share in cash [2] - Hudson Global, Inc. is merging with Star Equity Holdings, Inc., resulting in Hudson shareholders owning approximately 79% of the combined company post-transaction [2] Group 2 - Halper Sadeh LLC may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4] - The firm represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
SHAREHOLDER ALERT: The M&A Class Action Firm Continues To Investigate Merger of FL, ENZB, HSON, and BRZH
Prnewswire· 2025-07-28 18:56
Group 1: Foot Locker, Inc. Merger - Foot Locker, Inc. is investigating a proposed merger with DICK'S Sporting Goods, Inc., where shareholders can choose to receive either $24.00 in cash or 0.1168 shares of DICK'S common stock for each share of Foot Locker common stock [1] - The shareholder vote for the merger is scheduled for August 22, 2025 [1] Group 2: Enzo Biochem, Inc. Sale - Enzo Biochem, Inc. is set to be sold to Battery Ventures for $0.70 per share in cash without interest to shareholders [2] - The shareholder vote for this transaction is scheduled for August 19, 2025 [2] Group 3: Hudson Global, Inc. Merger - Hudson Global, Inc. is involved in a merger with Star Equity Holdings, Inc., where Hudson shareholders will own approximately 79% of the combined company post-transaction [2] - The shareholder vote for this merger is scheduled for August 21, 2025 [2] Group 4: Breeze Holdings Acquisition Corp. Merger - Breeze Holdings Acquisition Corp. is proposing a merger with YD Biopharma Limited, where all ordinary shares of Breeze Holdings will convert into the right to receive one ordinary share of the surviving company [3] - The shareholder vote for this merger is scheduled for August 14, 2025 [3]
URGENT: The M&A Class Action Firm Launches Legal Inquiry for the Merger - CRGX, HSON, BRZH, and ENZB
Prnewswire· 2025-07-25 21:31
Group 1 - Class Action Attorney Juan Monteverde's firm has recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1] - CARGO Therapeutics, Inc. is being investigated regarding its sale to Concentra Biosciences, LLC for $4.379 in cash per share, plus contingent value rights related to net cash and proceeds from specific therapies [1] - Hudson Global, Inc. is merging with Star Equity Holdings, Inc., with Hudson shareholders expected to own approximately 79% of the combined company post-transaction [1] - Breeze Holdings Acquisition Corp. is proposed to merge with YD Biopharma Limited, converting all ordinary shares into the right to receive shares of the surviving company [2] - Enzo Biochem, Inc. is selling to Battery Ventures for $0.70 per share in cash, with a shareholder vote scheduled for August 19, 2025 [3] Group 2 - Monteverde & Associates PC is a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court [4] - The firm emphasizes that no company, director, or officer is above the law, encouraging shareholders with concerns to reach out for additional information [5]
Hudson RPO Acquires Alpha Consulting Group (ACG) Japan
Globenewswire· 2025-07-23 12:30
Core Viewpoint - Hudson Global, Inc. has announced the acquisition of Alpha Consulting Group, marking its entry into the Japanese market and enhancing its leadership position in the APAC region [1][2]. Group 1: Acquisition Details - The acquisition of Alpha Consulting Group (ACG) allows Hudson RPO to provide recruitment services in Japan, targeting a diverse range of clients from small businesses to multinational corporations, particularly in IT Services, Technology, and Business Services sectors [1]. - This move is part of Hudson RPO's localization strategy in the second largest market in APAC and the third largest globally [1]. Group 2: Strategic Implications - The acquisition aligns with Hudson RPO's three-pronged strategy of organic growth and accretive bolt-on acquisitions, focusing on expanding its client base, geographic footprint, and service capabilities [2]. - Hudson RPO gains immediate access to ACG's established client list in Japan, enhancing its ability to support existing clients' needs in the region [2]. Group 3: Company Overview - Hudson RPO is recognized as a leading global provider of flexible and scalable total talent solutions, emphasizing a consultative approach to build diverse, high-impact teams [3]. - The company aims to ignite transformative change at mid-market and enterprise-level organizations worldwide through the integration of people, processes, and technology [3].
Hudson Global (HSON) M&A Announcement Transcript
2025-05-22 15:00
Summary of Hudson Global and STAR Equity Holdings Merger Announcement Conference Call Industry and Companies Involved - **Companies**: Hudson Global and STAR Equity Holdings - **Industry**: Staffing and Recruitment Services Core Points and Arguments 1. **Merger Announcement**: Hudson and STAR signed a definitive merger agreement to form a new company, NewCo, through a stock-for-stock transaction where STAR shareholders will receive 0.23 shares of Hudson for each STAR share held [4][5] 2. **Ownership Structure**: Post-merger, Hudson shareholders will own approximately 79% of NewCo, while STAR shareholders will own about 21% [5] 3. **Financial Projections**: NewCo is expected to have pro forma annualized revenue exceeding $200 million and aims for annualized cost savings of at least $2 million within 12 months of the merger [6] 4. **Growth Goals**: NewCo targets reaching $40 million in adjusted EBITDA by February 2030, based solely on organic growth [7] 5. **Operational Segments**: NewCo will consist of four reporting segments: Building Solutions, Business Services, Energy Services, and Investments [7] 6. **Market Capitalization Benefits**: The merger is expected to improve stock trading liquidity and market capitalization, facilitating a potential addition to the Russell 2000 Index [6] 7. **NOL Utilization**: NewCo will better utilize Hudson's substantial federal net operating losses (NOL) compared to Hudson operating independently [7][17] Additional Important Content 1. **Cost Savings**: The merger is anticipated to eliminate duplicative costs associated with being a public company, potentially leading to greater cost savings than initially projected [14][15] 2. **Acquisition Strategy**: STAR's strategy focuses on acquiring businesses to complement existing platforms and establish new growth avenues, with a history of successful acquisitions [9][38] 3. **Operational Continuity**: Hudson RPO will maintain its day-to-day operations without disruption, focusing on customer service and growth orientation [11][20] 4. **Shareholder Approval**: A majority vote from both companies' shareholders is required for the merger to proceed, with a timeline expected in Q3 2025 [22][28] 5. **Dividends**: STAR's preferred stock will continue to pay dividends post-merger, with no changes expected for preferred shareholders [59][60] 6. **Market Dynamics**: The merger aims to address the challenges of being a microcap company, which often leads to illiquidity and undervaluation in the market [55] This summary encapsulates the key points discussed during the conference call, highlighting the strategic rationale behind the merger, financial expectations, and operational plans for the newly formed entity.
Star Equity (STRR) Earnings Call Presentation
2025-05-22 08:24
Proposed Merger (Nasdaq: HSON) (Nasdaq: STRR, STRRP) PARTICIPANTS IN THE SOLICITATION Hudson, Star, and their respective directors and certain of their executive officers and employees may be considered participants in the solicitation of proxies from Hudson's stockholders with respect to the proposed merger transaction under the rules of the SEC. Information about the directors and executive officers of Hudson is set forth in its Annual Report on Form 10-K for the year ended December 31, 2024, which was fi ...
Hudson Global (HSON) Earnings Call Presentation
2025-05-22 08:23
Merger Highlights - The proposed merger aims to create a larger multi-sector holding company, targeting inclusion in the Russell 2000 index[11] - The combined company, NewCo, projects $40 million in Adjusted EBITDA by 2030, a significant increase from the pro forma $6.4 million in 2024[11] - NewCo anticipates at least $2 million in annualized cost savings within 12 months, potentially generating approximately $0.57 in incremental pro-forma EPS[11] - NewCo expects to better utilize Hudson's Net Operating Losses (NOLs), with a potential value of $14.45 per pro-forma share[11] Strategic Rationale - The merger diversifies revenues for both Hudson and Star, creating pro-forma annualized revenues of $210 million, compared to $140.1 million and $53.4 million respectively in FY 2024[19] - The combined entity anticipates approximately $2 million in annualized savings from corporate overhead and public company costs[19] - Hudson has $240 million in usable US Federal NOLs, which NewCo can better utilize to shield more US taxable income[19] - The combined cash position of the companies was $23.3 million as of December 31, 2024, with Hudson holding $17.7 million and Star holding $5.6 million[19] Transaction Details - Hudson will acquire all outstanding common shares of Star, issuing 0.23 common shares of HSON for each common share of STRR[25] - Upon completion of the merger, Hudson shareholders will own approximately 79% stake in NewCo, and Star shareholders will own approximately 21%[25]