STEEL PARTNERS HOLDINGS L.P.

SPLP

Market cap $680M

The company's diversified industrial, banking, and energy services businesses are performing well, with manageable tariff risks. Management fees and incentive structures cap some upside and introduce dilution risk but aren't egregious compared to typical alternative asset managers. On a blended multiple basis and on a crude SotP, the units look cheap. But we aren't jumping on this at the moment, given economic direction and price discovery considerations.

NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (OTCQX: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable September 15, 2025, to unitholders of record as of September 1, 2025, on its 6% Series A Preferred Units, no par value ("Series A Preferred"). Any future determination to declare distributions on the Series A Preferred, and any determination to pay such distributions.

NEW YORK--(BUSINESS WIRE)--On May 23, 2025, Steel Partners Holdings L.P. (OTCQX: SPLP) (the “Company”) held its 2025 Annual Meeting of Limited Partners (the “2025 Annual Meeting”). At the 2025 Annual Meeting, unitholders were asked to vote on five proposals. The unitholders elected, by a plurality of the votes cast, each of the following independent directors to serve on the Board of Directors of Steel Partners Holdings GP Inc., the Company's general partner, until the 2026 Annual Meeting of Li.

NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (OTCQX: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable June 15, 2025, to unitholders of record as of June 1, 2025, on its 6% Series A Preferred Units, no par value ("Series A Preferred"). Any future determination to declare distributions on the Series A Preferred, and any determination to pay such distributions in cash or.

NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company (“SPLP” or the “Company”) announced today that it has given formal notice to the New York Stock Exchange (“NYSE”) of its intention to voluntarily delist its (a) Common units, no par value (the “Common Units”) and (b) 6.0% Series A Preferred Units (the “Series A Units” and together with the Common Units the “Units”) from the NYSE and to deregister under Section 12(b) of the Securities Excha.

Diverse end markets can prove advantageous during economic uncertainty.

SPLP posts strong Q4 earnings, with 75% growth in net income, a 6.6% revenue increase and improved margins. See key highlights and segment performances.

NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE: SPLP) (the "Company"), a diversified global holding company, today announced operating results for the fourth quarter and year ended December 31, 2024. The financial results of Steel Connect, Inc. ("Steel Connect" or "STCN") have been included in the Company's consolidated financial statements since the exchange transaction on May 1, 2023. Unaudited             Q4 2024   Q4 2023   ($ in thousands)   FY 2024   FY 2023 $497,920   $466.

NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable March 15, 2025, to unitholders of record as of March 1, 2025, on its 6% Series A Preferred Units, no par value ("Series A Preferred"). Any future determination to declare distributions on its units of Series A Preferred, and any determination to pay such distributions.

US Patent Represents FendX's 5th Patent Issued Oakville, Ontario--(Newsfile Corp. - November 14, 2024) - FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF) (FSE: E8D) (the "Company" or "FendX") a nanotechnology company developing surface protection coatings, is pleased to announce that its United States ("US") patent application was registered as a granted patent on October 8, 2024, further supporting the Company's commitment to build on its intellectual property position and coverage for the Company's nanotechnology, its methods and products in development. Dr. Carolyn Myers, CEO of FendX states, "The US patent represents a significant milestone for us that excludes others from making, using, or selling the innovation that protects our REPELWRAP™ film in the US.