Alpha Star Acquisition Corporation completes $115M IPO, units begin trading on Nasdaq

Alpha Star Acquisition Corp

Sold 10M units at $10/unit; underwriters fully exercised over-allotment for 1.5M additional units.
Total gross proceeds of $115M (including $3.3M private placement) deposited into trust account.
Sponsor A-Star Management purchased 330,000 private units for $3.3M.
Units trade on Nasdaq under ALSAU; shares, rights, warrants to trade separately as ALSA, ALSAR, ALSAW.
Offering expenses ~$2.8M; deferred underwriting commissions of $2.875M payable upon business combination.

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