Highest-materiality recent filing
Alpha Star shareholders approve business combination with XDATA; only 46 shares redeemed
All seven proposals passed with near-unanimous support from over 3.2M shares voted (99.36% of outstanding).
Alpha Star Acquisition secures $500K sponsor loan for transaction costs and extension fee
Loan of $500,000 from sponsor A-Star Management Corp., payable at initial business combination, no interest.
Alpha Star shareholders approve extension of business combination deadline to Dec 15, 2026
3,205,605 shares voted (99.32% quorum), all for trust and charter amendments; none against or abstain.
Alpha Star reduces DUC to $950K ahead of XDATA business combination closing
Deferred underwriting commission reduced from $2,875,500 to $950,000 via amendment dated Oct 13, 2025.
Alpha Star shareholders approve extension of business combination deadline to Dec 15, 2025
Shareholders approved extending business combination deadline to December 15, 2025 from June 15, 2025.
Alpha Star shareholders approve business combination with XDATA Group
All six proposals approved with ~99.8% of votes cast in favor (3,205,059 for, 5,400 against).
Alpha Star Acquisition shareholders approve extension to June 15, 2025 for business combination
Shareholders approved trust agreement amendment allowing up to six monthly extensions to June 15, 2025 with $35,000 per extension.
Received Nasdaq delisting letter Dec 16; suspension effective Dec 23, 2024; no appeal planned.
Alpha Star gets Nasdaq deficiency notice for MVLS below $50M; 180-day cure until Mar 2025
Received Nasdaq notice on Oct 1, 2024; MVLS was below $50M from Aug 12 to Sep 30, 2024.
Alpha Star Acquisition Corporation enters into Business Combination Agreement with OU XDATA GROUP
Alpha Star (ALSAU) signed Business Combination Agreement on September 12, 2024 with OU XDATA GROUP and shareholder Roman Eloshvili.
Sponsor A-Star Management Corp. to lend up to $1.5M at 0% interest for transaction costs and extension fee.
Alpha Star regains Nasdaq compliance after filing delinquent 10-K and 10-Q
Received Nasdaq notice July 26, 2024 confirming regained compliance with Listing Rule 5250(c)(1).
Alpha Star shareholders approve extension of business combination deadline to Dec 15, 2024
Shareholders approved Charter Amendment to extend deadline to Dec 15, 2024 and reduce extension fee.
Alpha Star Acquisition signs LOI to combine with Estonia fintech XDATA GROUP
Signed non-binding letter of intent with XDATA GROUP OÜ on June 19, 2024 for a business combination.
Alpha Star gets Nasdaq delisting notice for late 10-K and 10-Q filing
Received Nasdaq deficiency letter on May 31, 2024 for failure to file FY2023 10-K and Q1 2024 10-Q.
Cash held in trust account reclassified from current assets to long-term assets.
Alpha Star regains compliance with Nasdaq minimum public holders rule
Received Nasdaq letter on March 4, 2024 confirming compliance with the 400 public holders requirement.
Shareholders approved extension of business combination deadline from Jan 2024 to September 15, 2024.
Alpha Star receives Nasdaq deficiency notice for minimum public holders rule; 45 days to submit plan
Received Nasdaq notice on Oct 12, 2023 for non-compliance with 400 public holders minimum.
Alpha Star shareholders approve business combination extension to March 2024; 2.4M shares redeemed
Shareholders approved extension of deadline to consummate a business combination to March 15, 2024.
Alpha Star Acquisition Corp. stockholders elect five directors and ratify UHY LLP as auditor
Elected directors: Zhe Zhang, Guojian Chen, Patrick Swint, Xiaofeng Zhou, Huei-Ching Huang.
Alpha Star deposits $383,333 to extend business combination deadline to Nov 15
Deposited $383,333 ($0.033/share) to extend the period to complete a business combination by one month to November 15, 2022.
Alpha Star Acquisition: Sokolov resigns; Swint named independent director, Huang audit chair
Konstantin A. Sokolov resigned as director on Oct 4, 2022, for personal reasons, with no disagreement.
Alpha Star extends business combination deadline to Oct 15, 2022 with $383k deposit
Issued up to $1M promissory note to sponsor A-Star Management Corp.
Alpha Star Acquisition signs non-binding LOI for business combination with Cyclebit Group
Entered non-binding LOI with Cyclebit Group, a global payments and SaaS provider founded in 2012.
Alpha Star Acquisition announces separate trading of units' components starting Jan 18, 2022
Units (ALSAU) may be separated into ordinary shares (ALSA), rights (ALSAR), and warrants (ALSAW) effective Jan 18, 2022.
Alpha Star Acquisition closes $115M IPO and $3.3M private placement
IPO of 11,500,000 units at $10.00/unit including full over-allotment; gross proceeds $115M.
Alpha Star Acquisition Corporation completes $115M IPO, units begin trading on Nasdaq
Sold 10M units at $10/unit; underwriters fully exercised over-allotment for 1.5M additional units.
On October 4, 2022, Konstantin A. Sokolov resigned as a director of Alpha Star Acquisition Corporation (the “Company”).
On October 4, 2022, the Board of Directors of the Company (the “Board”) appointed Patrick Swint to serve as an independent director of the Board and a member of each of the three independent committees of the Board (i.e., the audit committee, compensation committee and nominating and corporate governance committee).
Max materiality 0.90 · Median 0.60 · Most common event other_material