Alpha Star Acquisition Corp. Faces Delisting Concerns
Ticker: ALSWF · Form: 8-K · Filed: Jun 6, 2024 · CIK: 1865111
Sentiment: bearish
Topics: delisting, listing-rules, sec-filing
Related Tickers: ALSA
TL;DR
Alpha Star Acquisition Corp. might get delisted - big trouble for shareholders.
AI Summary
Alpha Star Acquisition Corp. filed an 8-K on May 31, 2024, reporting a notice of delisting or failure to satisfy continued listing rules. The company, incorporated in the Cayman Islands, is based at 80 Broad Street, New York, NY. This filing indicates potential issues with maintaining its listing on the stock exchange.
Why It Matters
This filing signals potential financial distress or non-compliance with exchange rules, which could lead to the company's stock being delisted, impacting investors.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's public trading status and investor confidence.
Key Players & Entities
- Alpha Star Acquisition Corp. (company) — Registrant
- May 31, 2024 (date) — Earliest event reported
- 80 Broad Street, New York, NY (location) — Business Address
- Cayman Islands (location) — Jurisdiction of Incorporation
FAQ
What specific rule or standard has Alpha Star Acquisition Corp. failed to satisfy, leading to this notice?
The filing does not specify the exact rule or standard that Alpha Star Acquisition Corp. has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the earliest date of the event reported in this 8-K filing?
The earliest date of the event reported in this 8-K filing is May 31, 2024.
Where is Alpha Star Acquisition Corp. headquartered?
Alpha Star Acquisition Corp.'s business address is listed as 80 Broad Street, 5th Floor, New York, NY 10004.
Under which jurisdiction was Alpha Star Acquisition Corp. incorporated?
Alpha Star Acquisition Corp. was incorporated in the Cayman Islands.
What is the SEC file number for Alpha Star Acquisition Corp.'s 8-K filing?
The SEC file number for Alpha Star Acquisition Corp.'s 8-K filing is 001-41153.
Filing Stats: 1,062 words · 4 min read · ~4 pages · Grade level 14.3 · Accepted 2024-06-06 16:15:16
Key Financial Figures
- $0.001 — daq Stock Market LLC Ordinary Shares, $0.001 par value ALSA The Nasdaq Stock Mar
Filing Documents
- form8-k.htm (8-K) — 55KB
- ex99-1.htm (EX-99.1) — 9KB
- 0001493152-24-022934.txt ( ) — 296KB
- alsa-20240531.xsd (EX-101.SCH) — 4KB
- alsa-20240531_def.xml (EX-101.DEF) — 27KB
- alsa-20240531_lab.xml (EX-101.LAB) — 38KB
- alsa-20240531_pre.xml (EX-101.PRE) — 26KB
- form8-k_htm.xml (XML) — 8KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Dated: June 6, 2024 Alpha Star Acquisition Corporation By: /s/ Zhe Zhang Name: Zhe Zhang Title: Chief Executive Officer and Director