Star Equity Fund, LP announced that it has entered into an agreement with Gyrodyne, LLC (Nasdaq: GYRO), an owner and manager of a diversified portfolio of real estate properties (“Gyrodyne”), under which Star Equity Fund has withdrawn its slate of nominees for election at the 2025 annual shareholders meeting, and Gyrodyne will reduce the size of its board from five to four directors, freeze director compensation and limit the aggregate fee paid to the Chairman to $65,000.
Link to announcement: https://www.globenewswire.com/news-release/2025/10/17/3168876/0/en/Gyrodyne-Announces-Agreement-with-Star-Equity-Fund.html