Alpha Star Acquisition secures $500K sponsor loan for transaction costs and extension fee

Alpha Star Acquisition Corp

Loan of $500,000 from sponsor A-Star Management Corp., payable at initial business combination, no interest.
Loan covers transaction costs and extension fee for the SPAC.
Principal may be prepaid at any time.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Alpha Star Acquisition Corp entered into Loan Agreement with A-Star Management Corp. valued at $500,000 (effective 2026-03-16).

Action: entry
Agreement: credit facility
Counterparty: A-Star Management Corp.
Value: $500,000
Effective: 2026-03-16

Exact text from the filing

On March 16, 2026, Alpha Star Acquisition Company (the “Company”) entered into a Loan Agreement (the “Loan Agreement”), by and among the Company and A-Star Management Corp., the Company’s sponsor (the “Sponsor”), pursuant to which the Sponsor agreed to loan an aggregate of US$500,000 to the Company, to cover the Company’s certain transaction costs and extension fee (the “Loan”).

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Alpha Star Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-011634

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