Jan. 22 at 10:02 PM
$JOB no no no
Summary
GEE Group (JOB) received a vague Indication of Interest (IOI) from Star Equity (STRR) on Jan 6, 2026, for a possible business combination. GEE reviewed it with counsel but notes Star's IOI lacked specifics on valuation, structure, or consideration. GEE highlights Star's thin trading (~8K avg vol), ~
$37M market cap, recent losses, and large accumulated deficit. GEE disputes Star's opinions, notes no NDA, questions Star's claimed 5.4% ownership (no 13D filed), and says it will respond privately. Board will consider any bona fide offer that enhances value.