other
confidence high
sentiment neutral
materiality 0.10
Alpha Star Acquisition announces separate trading of units' components starting Jan 18, 2022
Alpha Star Acquisition Corp
- Units (ALSAU) may be separated into ordinary shares (ALSA), rights (ALSAR), and warrants (ALSAW) effective Jan 18, 2022.
- IPO of 11.5M units (incl. overallotment) completed Dec 15, 2021; each unit consists of 1 share, 1 warrant to buy 0.5 share at $11.50, and 1 right to receive 1/7 share.
- Untraded units continue as ALSAU; separated components trade under respective symbols.
- Holders must contact transfer agent Vstock Transfer LLC to separate units.