secwatch / observer

Alpha Star Acquisition Corp — fact timeline

Source-grounded facts extracted from Alpha Star Acquisition Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ALSAF Alpha Star Acquisition Corp JSON
Material Agreements

Alpha Star Acquisition Corp entered into Loan Agreement with A-Star Management Corp. valued at $500,000 (effective 2026-03-16).

“On March 16, 2026, Alpha Star Acquisition Company (the “Company”) entered into a Loan Agreement (the “Loan Agreement”), by and among the Company and A-Star Management Corp., the Company’s sponsor (the “Sponsor”), pursuant to which the Sponsor agreed to loan an aggregate of US$500,000 to the Company, to cover the Company’s certain transaction costs and extension fee (the “Loan”).”
Governance Changes

Alpha Star Acquisition Corp: Amended the company's memorandum and articles of association to extend the deadline to consummate a business combination to December 15, 2026 (effective 2025-12-11).

“On December 11, 2025, following the approval of the proposals described above, the Company adopted the amendments to the Amended and Restated Memorandum and Articles of Association.”
Governance Changes

Alpha Star Acquisition Corp: Amended the Amended and Restated Memorandum and Articles of Association to extend the date to consummate a business combination to December 15, 2025 (effective 2025-06-12).

“the Company adopted the amendments to the Amended and Restated Memorandum and Articles of Association.”
Governance Changes

Alpha Star Acquisition Corp: Amended the Amended and Restated Memorandum and Articles of Association to extend the date by which the Company must consummate a business combination to June 15, 2025 (effective 2024-12-27).

“On December 27, 2024, following the approval of the proposals described above, the Company adopted the amendments to the Amended and Restated Memorandum and Articles of Association.”
Listing & Compliance Notices

Alpha Star Acquisition Corp received a nasdaq delisting notice notice regarding other (rules IM-5101-2).

“ants will be suspended at the opening of business on December 23, 2024; and (iii) a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. Pursuant to Nasdaq Listing Rule IM-5101-2, a special purpose acquisition company must complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement. Since the Company failed to complete its initial business combination by December 13, 2024, the Company did not comply with IM-510”
Auditor Changes

Alpha Star Acquisition Corp reported that prior financial statements should not be relied upon.

“ecember 21, 2021 (the “ Prior 8-K ”) should no longer be relied upon due to the classification errors described above. As a result, the Company plans to amend the Prior 10-Ks to restate its audited financial statements as of and for the year ended December”
Listing & Compliance Notices

Alpha Star Acquisition Corp received a nasdaq compliance regained notice regarding shareholders (rules 5450(a)(2)).

“March 4, 2024, the Company received a letter from Nasdaq stating that the Company has regained compliance under the Minimum Public Holders Rule by having at least 400 public holders. As such, this matter is now closed. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf as of March 7, 2024 by the undersigned hereunto duly authorized. ALPHA STAR ACQUISITION CORPORATION By: /s/ Zhe Zhang Zhe Zhang, Chief Executive Officer 2”
Governance Changes

Alpha Star Acquisition Corp: Shareholders approved amendments to the Amended and Restated Memorandum and Articles of Association to extend the business combination deadline to September 15, 2024, remove restrictions on China-based targets, and eliminate the penny stock redemption limitation (effective 2024-01-10).

“On January 10, 2024, following the approval of the proposals described above, the Company adopted the amendments to the Amended and Restated Memorandum and Articles of Association.”
Shareholder Votes

Alpha Star Acquisition Corp shareholders approved Redemption Limitation Amendment Proposal at the 2024-01-10 meeting.

“Approval of amending Alpha Star’s Amended and Restated Memorandum and Articles of Association to eliminate (i) the limitation that the Company shall not redeem its public shares to the extent that such redemption would result in the ordinary shares, or the securities of any entity that succeeds the Company as a public company, becoming “penny stock” (as defined in accordance with Rule 3a51-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), or cause the Company to not meet any greater net tangible asset or cash requirement which may be contained in the agreement relating to a Business Combination (the “Redemption Limitation”) and (ii) the limitation that the company shall not consummate a Business Combination if the Redemption Limitation is exceeded: For Against Abstain Broker Non-Votes Redemption Limitation Amendment Proposal 9,337,062 978,076 0 0”
Shareholder Votes

Alpha Star Acquisition Corp shareholders approved Target Limitation Amendment Proposal at the 2024-01-10 meeting.

“Approval of amending Alpha Star’s Amended and Restated Memorandum and Articles of Association to allow the Company to undertake an initial business combination with an entity or business (“Target Business”), with a physical presence, operation, or other significant ties to China (a “China-based Target”) or which may subject the post-business combination business or entity to the laws, regulations and policies of China (including Hong Kong and Macao), or an entity or business that conducts operations in China through variable interest entities, or VIEs, pursuant to a series of contractual arrangements (“VIE Agreements”) with the VIE and its shareholders on one side, and a China-based subsidiary of the China-based Target (the “WFOE”), on the other side (a “China-based Target”): For Against Abstain Broker Non-Votes Target Limitation Amendment Proposal 9,337,062 978,076 0 0”
Shareholder Votes

Alpha Star Acquisition Corp shareholders approved Extension Amendment Proposal at the 2024-01-10 meeting.

“Approval of amending Alpha Star’s Amended and Restated Memorandum and Articles of Association to extend the date by which Alpha Star must consummate a business combination (the “Extension”) to September 15, 2024 (the “Extended Date”) and reduce the amount of the fee to extend such time period, by amending the Amended and Restated Memorandum and Articles of Association to delete the existing Section 36.2 thereof and replacing it with the new Section 36.2: For Against Abstain Broker Non-Votes Extension Proposal 9,337,062 978,076 0 0 1”
Listing & Compliance Notices

Alpha Star Acquisition Corp received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).

“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”
Shareholder Votes

Alpha Star Acquisition Corp shareholders voted on Adjournment of Annual General Meeting to permit further solicitation of proxies at the 2023-07-13 meeting.

“Proposal 4: Approval of an adjournment of the Annual General Meeting to a later date or dates to permit further solicitation of proxies: For Against Abstain Adjournment Proposal 9,642,826 1,042,291 21,394 Because all of the other proposals had received the requisite approval, this Proposal 4 was rendered moot and not voted at the Annual General Meeting.”
Shareholder Votes

Alpha Star Acquisition Corp shareholders approved Amendment to Amended and Restated Memorandum and Articles of Association to extend the date to consummate a business combination to March 15, 2024 at the 2023-07-13 meeting.

“Proposal 3: Approval of amending the Company’s Amended and Restated Memorandum and Articles of Association to extend the date by which the Company must consummate a business combination to March 15, 2024, by amending the Amended and Restated Memorandum and Articles of Association to delete the existing Section 36.2 thereof and replacing it with the new Section 36.2 in the form set forth in Annex A of the accompanying proxy statement: For Against Abstain Extension Proposal 10,454,206 199,960 52,345”
Shareholder Votes

Alpha Star Acquisition Corp shareholders approved Ratification of UHY LLP as independent registered public accounting firm for the fiscal year ended December 31, 2023 at the 2023-07-13 meeting.

“Proposal 2: Approval of ratifying the appointment of UHY LLP (the “UHY”) as our independent registered public accounting firm for the fiscal year ended December 31, 2023: For Against Abstain Ratification of Appointment of Independent Auditor Proposal 12,507,305 0 4,686”
Shareholder Votes

Alpha Star Acquisition Corp shareholders approved Election of five directors to serve until next annual meeting at the 2023-07-13 meeting.

“Proposal 1: Approval of the appointment of five (5) directors to serve as members of our Board to hold office until the next annual meeting of shareholders or until their respective successors have been elected and qualified: For Withheld Zhe Zhang 10,619,127 87,384 Guojian Chen 10,435,387 271,124 Patrick Swint 10,501,865 204,646 Xiaofeng Zhou 10,501,865 204,646 Huei-Ching Huang 10,435,387 271,124”
Shareholder Votes

Alpha Star Acquisition Corp shareholders approved Approval of ratifying the appointment of UHY LLP (the “UHY”) as our independent registered public accounting firm for the fiscal year ended December 31, 2022 at the 2022-12-20 meeting.

“Proposal 2: Approval of ratifying the appointment of UHY LLP (the “UHY”) as our independent registered public accounting firm for the fiscal year ended December 31, 2022: For Against Abstain Ratification of UHY LLP 11,988,516 0 3,500 1”
Shareholder Votes

Alpha Star Acquisition Corp shareholders approved Approval of the appointment of five (5) directors to serve as members of our Board to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified at the 2022-12-20 meeting.

“Proposal 1: Approval of the appointment of five (5) directors to serve as members of our Board to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified: For Withheld Broker Non-Vote Zhe Zhang 10,639,376 88,951 1,263,689 Guojian Chen 10,574,456 153,871 1,263,689 Patrick Swint 10,639,376 88,951 1,263,689 Xiaofeng Zhou 10,639,376 88,951 1,263,689 Huei-Ching Huang 10,574,456 153,871 1,263,689”

Patrick Swint was appointed as Independent Director at Alpha Star Acquisition Corp.

“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).”

Konstantin A. Sokolov resigned as Director at Alpha Star Acquisition Corp.

“On October 4, 2022, Konstantin A. Sokolov resigned as a director of Alpha Star Acquisition Corporation (the “Company”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.