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