---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-006611"
form_type: "8-K"
ticker: "ALSAF"
cik: "0001865111"
company_name: "Alpha Star Acquisition Corp"
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:14:29.029435+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alpha Star receives Nasdaq deficiency notice for minimum public holders rule; 45 days to submit plan

## Summary
- Received Nasdaq notice on Oct 12, 2023 for non-compliance with 400 public holders minimum.
- Company has 45 calendar days to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant up to 180-day extension from notice date.
- If plan rejected, company can appeal to a Nasdaq Hearings Panel.
- Notice has no immediate effect on listing or trading of securities.

## SEC filing metadata
- accession: 0001829126-23-006611
- form_type: 8-K
- ticker: ALSAF
- cik: 0001865111
- company_name: Alpha Star Acquisition Corp
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865111/000182912623006611/0001829126-23-006611-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865111/000182912623006611/alphastaracq_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-006611
- JSON: https://secwatch.observer/filing/0001829126-23-006611.json
- Plain text: https://secwatch.observer/filing/0001829126-23-006611.txt

## Key facts
- Listing & Compliance Notices
  Alpha Star Acquisition Corp received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Rules: 5450(a)(2)
  source text: October 12, 2023, Alpha Star Acquisition Corporation (“Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Listing Rule 5450(a)(2) (the “Minimum Public Holders Rule”), which requires the Company to have at least 400 public holders for continued listing on the Nasdaq Global Market. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865111/000182912623006611/0001829126-23-006611-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.