---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-25-001706"
form_type: "8-K"
ticker: null
cik: "0001922331"
company_name: "Global Star Acquisition Inc."
filed_at: "2025-03-11T23:59:59+00:00"
generated_at: "2026-05-25T00:05:58.462421+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Nasdaq to suspend trading in Global Star Acquisition for multiple listing failures

## Summary
- Staff notified company on March 7, 2025 it failed continued listing requirements by significant margins.
- Failures include minimum 400 total holders, 1.1M publicly held shares, $50M MVLS, and $15M MVPHS.
- Nasdaq determined suspension is necessary to protect investors and public confidence.
- Company previously requested a hearing; Nasdaq Hearings Panel will consider the matter.
- Securities affected: GLST, GLSTU, GLSTW, GLSTR.

## SEC filing metadata
- accession: 0001829126-25-001706
- form_type: 8-K
- cik: 0001922331
- company_name: Global Star Acquisition Inc.
- filed_at: 2025-03-11T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1922331/000182912625001706/0001829126-25-001706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1922331/000182912625001706/globalstaracq_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-001706
- JSON: https://secwatch.observer/filing/0001829126-25-001706.json
- Plain text: https://secwatch.observer/filing/0001829126-25-001706.txt

## Key facts
- Listing & Compliance Notices
  Global Star Acquisition Inc. received a nasdaq delisting notice notice regarding other (rules 5450(a)(2), 5450(b)(2)(A), 5450(b)(2)(C), 5101, IM-5101-1).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Rules: 5450(a)(2), 5450(b)(2)(A), 5450(b)(2)(C), 5101, IM-5101-1
  source text: March 7, 2025, the Staff notified the Company that it failed multiple continued listing requirements by significant margins. Additionally, Staff notified the Company that pursuant to its discretionary authority under Listing Rules 5101,1 and IM-5101-12, Nasdaq determined to suspend trading in the Company’s securities in order to maintain the quality of and public confidence in the Nasdaq market, to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, and to protect investors and the public interest. As previously disclosed, on December 18
  evidence_url: https://www.sec.gov/Archives/edgar/data/1922331/000182912625001706/0001829126-25-001706-index.htm

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