other material
confidence high
sentiment negative
materiality 0.90
Metal Sky Star SPAC to liquidate, returning ~$16.41/share; last trade Oct 2
Metal Sky Star Acquisition Corp
- Will not consummate business combination by Oct 4, 2026; intends to liquidate promptly.
- Public shareholders to receive approx $16.41 per share from trust on or about Oct 2, 2026.
- Sponsor waived redemption rights for founder shares and private placement units; no distributions for rights/warrants.
- Plan includes delisting from OTC (MSSUF, MSSAF, MSSWF, MSSRF), SEC deregistration, and winding up.
- Board approved ceasing operations and terminating audit, compensation, and nominating committees.
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Selected #10 for 2026-09-22.
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