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Press Releases

September 30, 2022

SMYRNA, Tenn. --(BUSINESS WIRE)--Sep. 30, 2022-- Steel Connect, Inc. (NASDAQ: STCN), a holding company (the “Company” or “Steel Connect”), announced today that it intends to convene and adjourn, without conducting any other business, the Company’s 2021 Annual Meeting of Stockholders (the “Annual[...]

September 19, 2022

Steel Connect Reminds Stockholders to Vote “FOR” All Merger-Related Proposals Annual Meeting of Stockholders to be held on September 30, 2022 SMYRNA, Tenn. --(BUSINESS WIRE)--Sep. 19, 2022-- Steel Connect, Inc. (NASDAQ: STCN) (the “Company” or “Steel Connect”) announced today that leading [...]

June 14, 2022

Third Quarter Fiscal 2022 Results Net revenue totaled $51.5 million , as compared to $49.4 million in the same period in the prior year Net loss from continuing operations, net of income taxes was $9.7 million , as compared to a net loss from continuing operations of $9.3 million in the same period [...]

June 13, 2022

NEW YORK & SMYRNA, Tenn. --(BUSINESS WIRE)--Jun. 13, 2022-- Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“Steel Partners”) and Steel Connect, Inc. (NASDAQ: STCN) (“Steel Connect”) today announced that they have signed a definitive merger agreement pursuant to [...]

March 17, 2022

Second Quarter Fiscal 2022 Results Net revenue totaled $120.6 million , as compared to $156.0 million in the same period in the prior year Net loss was $23.0 million , as compared to a net loss of $2.2 million in the same period in the prior year Net loss attributable to common stockholders was [...]

February 25, 2022

SMYRNA, Tenn. --(BUSINESS WIRE)--Feb. 25, 2022-- Steel Connect, Inc. (“ Steel Connect”) (NASDAQ: STCN) today announced the full disposition of its wholly owned subsidiary, IWCO Direct Holdings, Inc. (“IWCO”), to an investor group led by affiliates of Cerberus Capital Management, L.P. [...]