secwatch.observer — SEC 8-K summary
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Issuer:     Alpha Star Acquisition Corp (ALSAF)
CIK:        0001865111
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0001493152-24-050900
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpha Star Acquisition to be delisted from Nasdaq on Dec 23 for failing to complete business combination by deadline
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- Received Nasdaq delisting letter Dec 16; suspension effective Dec 23, 2024; no appeal planned.
- Failed to complete initial business combination by Dec 13, 2024, violating 36-month SPAC rule.
- Intends to apply for OTC listing; business combination with OU XDATA GROUP continues.
- Shareholders to vote Dec 27 on extending trust liquidation to June 2025 with $35k monthly deposits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865111/000149315224050900/0001493152-24-050900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865111/000149315224050900/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050900

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