On May 31, 2023, Star Equity Fund, LP announced that it calls on Servotronics, Inc.'s Board to conduct a strategic review for all its assets. In addition, Star Equity Fund urges all stockholders to vote withhold on the re-election of incumbent board members Edward Cosgrove, Christopher Marks, and William Farrell at the Company's 2023 annual meeting of shareholders scheduled to be held on June 9, 2023.