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iStar Inc. (NYSE:STAR) announced the initial public filing of a Form 10 registration statement (the "Registration Statement") with the U.S. Securities and Exchange Commission ("SEC"). The Registration Statement relates to the planned spin-off of Star Holdings in connection with the previously announced proposed merger between iStar and Safehold Inc.
The Registration Statement, which was filed on December 16, 2022, includes preliminary information regarding the potential spin-off. A copy of the Registration Statement is available on the SEC's website at www.sec.gov under the name "Star Holdings" and can also be viewed in the "Investors" section of our website at www.istar.com.
The Registration Statement is subject to change prior to it being declared effective by the SEC and may be updated in subsequent amendments.
Completion of the potential spin-off would be subject to various conditions, and there can be no assurance that the potential spin-off transaction will be completed in the manner described above, or at all.
