NorthStar Earth & Space Enterprises, Inc. completed its business combination with Viking Acquisition Corp. I on October 1, 2026. The amendment reflects Viking’s continuation from the Cayman Islands to Canada, the company’s name change and the NorthStar amalgamation; no additional securities are being registered. PIPE investors purchased 3,000,000 common shares for an aggregate $30.0 million and received warrants to acquire 3,000,000 shares at $11.50 per share. Trading in the common shares and public warrants began on NYSE American as NSTR and NSTR.WS on October 2, 2026.
NorthStar’s standalone revenue for the six months ended June 30, 2026 was C$8.7 million, up 43% from C$6.1 million, while net loss was C$18.7 million versus C$8.5 million. Unaudited pro forma combined results show a net loss of C$11,536,469 and loss per share of C$0.28 for the same period; these illustrative figures assume the combination occurred January 1, 2025. Up to 10,000,000 additional shares may be issued to earnout recipients upon achievement of applicable revenue-based targets. A July 31, 2026 ICC award directed NorthStar to pay Spire US$6,759,035 under a promissory note and C$7,607,588 in damages and legal/arbitration fees and expenses.