UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 21, 2023

 

 

Star Holdings

(Exact name of registrant as specified in its charter)

 

 

Maryland		001-41572		37-6762818
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

 

1114 Avenue of the Americas 39th Floor New York, New York				10036
(Address of principal executive offices)				(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (212) 930-9400

 

N/A

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common shares of beneficial interest, $0.001 par value		STHO		Nasdaq Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

 

 

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x On November 27, 2023, Safehold Inc. (“Safe”), our external manager, announced that Garett Rosenblum, our Chief Accounting Officer, informed Safe of his decision to resign from his position, effective December 31, 2023 to pursue other business opportunities. Mr. Rosenblum’s departure is not related to Star Holdings (the “Company”) or Safe’s financial or operating results or to any disagreements with the Company or Safe regarding the Company or Safe’s financial, operational, accounting, or reporting policies or practices.

 

Effective as of Mr. Rosenblum’s departure, Brett Asnas, our Chief Financial Officer, will assume the responsibility of the Company and Safe’s principal accounting officer and will directly supervise and manage Safe’s accounting team.

 

There are no arrangements or understandings between Mr. Asnas and any other persons pursuant to which Mr. Asnas was appointed. Mr. Asnas does not have any family relationships with any of the Company’s directors or executive officers. Mr. Asnas does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Biographical information for Mr. Asnas can be found in Safe’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on May 10, 2023, which such information is incorporated herein by reference.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: November 27, 2023

 

	Star Holdings
	By:	/s/ Jay Sugarman
		Name: Jay Sugarman
		Title: Chief Executive Officer