other material
confidence high
sentiment neutral
materiality 0.50
Alpha Star reduces DUC to $950K ahead of XDATA business combination closing
Alpha Star Acquisition Corp
- Deferred underwriting commission reduced from $2,875,500 to $950,000 via amendment dated Oct 13, 2025.
- Reduced DUC payable at closing by Alpha Star, or by OU XDATA GROUP if Alpha Star fails to pay.
- Amendment executed in consideration of shareholder redemption levels and Trust Account balance post-redemptions.
- Business combination with OU XDATA GROUP (Estonian company) referenced as impending closing event.