Steel Connect, Inc. (the "Company") (NASDAQ: STCN) announced today that its Special Committee of independent directors (the "Special Committee") has retained Houlihan Lokey as its financial advisor and Dentons US LLP as its legal counsel to assist it in connection with its review and evaluation of the previously announced preliminary non-binding expression of interest (the "Expression of Interest") that the Company’s board of directors (the "Board") received on November 19, 2020 from Steel Partners Holdings L.P. ("Steel Holdings").
Steel Connect, Inc. (the "Company") (Nasdaq: STCN), today announced that its Board of Directors (the "Board") amended its tax benefits preservation plan, dated as of January 19, 2018 (the "Plan"), to extend the term of the Plan to January 8, 2024 (subject to earlier expiration, as described below).
Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its first quarter ended October 31, 2020.