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Gyrodyne Enhances Governance with New Agreements

Story Highlights
  • Gyrodyne entered agreements with Star Equity and Leap Tide to enhance governance.
  • The agreements involve board size reduction and voting commitments to align with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gyrodyne Enhances Governance with New Agreements

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An announcement from Gyrodyne Company Of America ( (GYRO) ) is now available.

On October 16 and 17, 2025, Gyrodyne, LLC entered into agreements with Star Equity Fund, LP and Leap Tide Capital Management LLC to enhance governance and align with shareholder interests. The agreement with Star Equity includes the withdrawal of board nominations, a reduction in board size, and a freeze on director compensation, while the Leap Tide agreement involves voting commitments and governance-related matters. These agreements reflect Gyrodyne’s commitment to constructive engagement with shareholders, aiming to strengthen governance and drive long-term value creation.

More about Gyrodyne Company Of America

Gyrodyne, LLC is an owner and manager of a diversified portfolio of real estate properties, including office, industrial, and service-oriented properties in the New York metropolitan area. The company owns a 63-acre site on Long Island and a medical office park in Cortlandt Manor, New York, both of which are subject to plans for value-enhancing entitlements. Gyrodyne’s common shares are traded on the NASDAQ Stock Market under the symbol GYRO.

Average Trading Volume: 11,201

Technical Sentiment Signal: Buy

Current Market Cap: $22.21M

See more insights into GYRO stock on TipRanks’ Stock Analysis page.

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