Welcome to our dedicated page for Alpha Star Acquisition SEC filings (Ticker: ALSTF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Alpha Star Acquisition's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Alpha Star Acquisition's regulatory disclosures and financial reporting.
Alpha Star Acquisition Corporation, a Cayman Islands SPAC, reports no operating revenue and ongoing losses as it pursues a merger with OU XDATA GROUP. The proposed business combination values XDATA at $180 million, to be paid via 18,000,000 PubCo ordinary shares.
Alpha Star’s shareholders approved the XDATA deal and multiple charter and trust amendments extending its deadline to complete a business combination to December 15, 2026. Heavy redemptions have sharply reduced public shares; 3,227,664 ordinary shares were outstanding as of March 19, 2026, and the company reported a working capital deficit of $2,015,785 as of December 31, 2025.
The structure contemplates a reincorporation into a new Cayman holding company, with existing Alpha Star securities converting into PubCo shares, rights and warrants. Deferred underwriting commissions were cut from $2,875,000 to $950,000, and sponsor, XDATA shareholder and registration rights agreements impose post-closing lock-ups and resale mechanics.
Alpha Star Acquisition Corporation entered into a new loan agreement with its sponsor, A-Star Management Corp., providing a US$500,000 loan to the company. The funds are intended to cover certain transaction costs and an extension fee as the SPAC pursues its initial business combination.
The loan carries no interest and becomes payable when Alpha Star completes its initial business combination, although the principal can be repaid at any time before that. The agreement formalizes sponsor support for ongoing transaction-related expenses without adding interest-bearing debt.
Alpha Star Acquisition Corporation reported results of an Extraordinary General Meeting held on December 11, 2025, where shareholders approved changes that extend the company’s timeframe to complete a business combination. Investors approved a Trust Amendment Proposal allowing the company to extend the date to begin liquidating its IPO trust account from December 15, 2025 to December 15, 2026, with the option of up to twelve one-month extensions funded by a $35,000 Extension Payment into the trust account for each month.
Shareholders also approved a Charter Amendment Proposal to extend the deadline to consummate a business combination to December 15, 2026 by amending the company’s amended and restated memorandum and articles of association. All proposals on the agenda received 3,205,605 votes for and zero against or abstaining, representing 99.32% of outstanding ordinary shares as of the November 19, 2025 record date.
Alpha Star Acquisition Corporation entered into an amendment to its underwriting agreement with Ladenburg Thalmann & Co., Inc. on October 13, 2025. Ladenburg agreed to reduce the deferred underwriting commission from $2,875,500 to $950,000, reflecting redemption levels by public shareholders and the Trust Account balance in connection with Alpha Star’s business combination with OU XDATA GROUP.
The amended commission is to be paid in cash at the closing of the business combination. If the Company does not pay, OU XDATA GROUP will pay at closing. The amendment is filed as Exhibit 10.1, with its terms incorporated by reference.