ATRM Holdings, Inc. (OTCPK:ATRM) acquired Lone Star Value Management LLC from Jeffrey E. Eberwein for $100 on April 1, 2019. The purchase price is subject to a working capital adjustment. Pursuant to the membership interest purchase agreement, the primary liabilities and assets of Lone Star Value Management existing prior to January 1, 2019 will remain with Jeffrey E. Eberwein (the sole member of Lone Star Value Management), including the $0.3 million Lone Star Value Management. The transaction is unanimously approved by a special committee of the board comprised solely of independent directors. Adam W. Finerman of Olshan Frome Wolosky LLP acted as legal advisor to ATRM Holdings. ATRM Holdings, Inc. (OTCPK:ATRM) completed the acquisition of Lone Star Value Management LLC from Jeffrey E. Eberwein on April 1, 2019.