On August 14, 2023, MCI Capital, LC and Iowa City Capital Partners, LC announced that on August 10, 2023 they had sent a letter to the Board of Directors of Startek, Inc to express its concerns regarding the July 18, 2023 offer letter from an entity affiliated with CSP Management Limited, the Company?s controlling stockholder, to acquire all of the outstanding shares of the Company?s common stock not already beneficially owned by CSP at a price of $3.80 per share. MCI Capital, LC and Iowa City Capital Partners, LC stated that board, and directors will carefully consider these concerns, and take appropriate steps to protect the interests of the minority stockholders, including, but not limited to, requiring that a ?majority of the minority? approve the take-private transaction and added that they are generally supportive of the take private concept, but the offered price and process standard(s) are simply not reasonable.