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what is the symbol of istar inc.

Although iStar believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can give no assurance that its expectations will be attained. The Company undertakes no obligation to update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise. The first day of “regular way” trading is anticipated to be March 31, 2023. MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Dina Katz, an authority on Sumerian afterlife beliefs and funerary customs, considers the narrative of Inanna’s descent to be a combination of two distinct preexisting traditions rooted in broader context of Mesopotamian religion.

  • Three days later, Ninshubur pleads with all the gods to bring Inanna back.
  • The net lease segment is engaged in lease transactions across office, industrial, retail, hotel, entertainment, and other property types, primarily to corporate tenants.
  • For additional information about the merger and the conditions to closing the merger, please consult the Joint Proxy Statement / Prospectus filed by iStar and Safehold with the SEC.  If the closing date of the merger between iStar and Safehold is delayed, the date of the distribution will also be delayed, and if the merger is not completed, the distribution will not be made.
  • The Company undertakes no obligation to update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise.
  • No action is required by iStar stockholders in order to receive shares of Star Holdings in the distribution.

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Symbols

The common shares of Star Holdings have been approved for listing on the Nasdaq Global Market (“Nasdaq”), subject to official notice of issuance, under the symbol “STHO.”  We expect that a limited market in “when issued” trading of Star Holdings common shares on Nasdaq will develop one trading day before the record date of the distribution. Prior to the distribution, shares of iStar common stock that trade in the “regular way” market on the New York Stock Exchange (“NYSE”) will trade with the right to receive Star Holdings common shares on the distribution date. We expect that the common stock of the combined company in the merger (“New Safe”) will begin trading on a “when issued” basis on the NYSE on March 27, 2023, without the right to receive Star Holdings common shares in the distribution. After completion of the distribution and the merger, Star Holdings’ common shares will begin trading regular way on the Nasdaq and New Safe common stock will begin trading regular way on the NYSE. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company.

Stockholders will receive cash in lieu of fractional shares of Star Holdings. The distribution is subject to the satisfaction or waiver of certain conditions, including iStar and Safehold having confirmed that the closing conditions to the merger have been satisfied or waived. An information statement will be made available to iStar’s stockholders regarding the terms of the distribution. The information statement is filed as Exhibit 99.1 to the Registration Statement on Form 10 that has been filed by Star Holdings with the Securities and Exchange Commission (“SEC”) for the proposed spin-off. The closing of the merger is subject to certain conditions, as provided in the Agreement and Plan of Merger, dated as of August 10, 2022, between iStar and Safehold. For additional information about the merger and the conditions to closing the merger, please consult the Joint Proxy Statement / Prospectus filed by iStar and Safehold with the SEC.  If the closing date of the merger between iStar and Safehold is delayed, the date of the distribution will also be delayed, and if the merger is not completed, the distribution will not be made.

STAR Company Calendar

A hold rating indicates that analysts believe investors should maintain any existing positions they have in STAR, but not buy additional shares or sell existing shares. Dividends paid by preferreds issued by REITs are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. This press release should be read in conjunction with our consolidated financial statements and related notes in our Annual Report on Form 10-K (“Form 10-K”) for the year ended December 31, 2022. No action is required by iStar stockholders in order to receive shares of Star Holdings in the distribution.

what is the symbol of istar inc.

The real estate finance segment comprises a portfolio of senior and subordinated loans secured by commercial real estate assets. The net lease segment is engaged in lease transactions across office, industrial, retail, hotel, entertainment, and other property types, primarily to corporate tenants. The operating properties segment owns, operates, and revitalises office, retail, and hotel properties. The land and development segment is engaged in land sales, as well as design, entitlement, and development of residential communities. 1 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for iStar in the last year. The consensus among Wall Street analysts is that investors should “hold” STAR shares.

Sumerian texts

She was also believed to have taken over the Eanna temple from An, the god of the sky. Alongside her twin brother Utu (later known as Shamash), Inanna was the enforcer of divine justice; she destroyed Mount Ebih for having challenged her authority, unleashed her fury upon the gardener Shukaletuda after he raped her in her sleep, and tracked down the bandit woman Bilulu and killed her in divine retribution for having murdered Dumuzid. In the standard Akkadian version of the Epic of Gilgamesh, Ishtar asks Gilgamesh to become her consort. When he disdainfully refuses, she unleashes the Bull of Heaven, resulting in the death of Enkidu and Gilgamesh’s subsequent grapple with his own mortality. She was especially beloved by the Assyrians, who elevated her to become the highest deity in their pantheon, ranking above their own national god Ashur.

what is the symbol of istar inc.

Dumuzid is eventually permitted to return to heaven for half the year, while his sister Geshtinanna remains in the underworld for the other half, resulting in the cycle of the seasons. Dividends are cumulative from the date of original issue and are payable quarterly, commencing on December 15, 1997, at the rate of 8% per annum of the $25 liquidation preference (equivalent to a fixed annual rate of
$2.00 per share). On and after October 8, 2002, the Series C Preferred Stock may be redeemed for cash at the option of the Company, in whole or in part, at a redemption price of $25 per share, plus accrued and unpaid
dividends, if any, thereon to the redemption date. This security was issued by iStar Inc. , whose common stock symbol is STAR. She was believed to have been given the mes, which represented all positive and negative aspects of civilization, by Enki, the god of wisdom.

Nasdaq Trading Insights

Shareholders of record on Thursday, September 1st will be paid a dividend of $0.125 per share on Thursday, September 15th. This represents a $0.50 dividend on an annualized basis and a yield of ∞. Statements in this press release which are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

what is the symbol of istar inc.

Inanna / Ishtar is alluded to in the Hebrew Bible, and she greatly influenced the Ugaritic Ashtart and later Phoenician Astarte, who in turn possibly influenced the development of the Greek goddess Aphrodite. Her cult continued to flourish until its gradual decline between the first and sixth centuries CE in the wake of Christianity. IStar Inc finances, invests in, and develops real estate and real estate-related projects.

See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below. Inanna’s most famous myth is the story of her descent into and return from the ancient Mesopotamian underworld, ruled by her older sister Ereshkigal. After she reaches Ereshkigal’s throne room, the seven judges of the underworld https://g-markets.net/helpful-articles/overbought-vs-oversold/ deem her guilty and strike her dead. Three days later, Ninshubur pleads with all the gods to bring Inanna back. All of them refuse her, except Enki, who sends two sexless beings to rescue Inanna. They escort Inanna out of the underworld, but the galla, the guardians of the underworld, drag her husband Dumuzid down to the underworld as her replacement.

  • MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued.
  • Alongside her twin brother Utu (later known as Shamash), Inanna was the enforcer of divine justice; she destroyed Mount Ebih for having challenged her authority, unleashed her fury upon the gardener Shukaletuda after he raped her in her sleep, and tracked down the bandit woman Bilulu and killed her in divine retribution for having murdered Dumuzid.
  • After she reaches Ereshkigal’s throne room, the seven judges of the underworld deem her guilty and strike her dead.
  • Inanna’s most famous myth is the story of her descent into and return from the ancient Mesopotamian underworld, ruled by her older sister Ereshkigal.
  • When he disdainfully refuses, she unleashes the Bull of Heaven, resulting in the death of Enkidu and Gilgamesh’s subsequent grapple with his own mortality.

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