ALSAU
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Alpha Star Acquisition Corp Unit
2.
0 (0.00%)
Last Update: 01 Jul 2025 16:30:00
Yesterday: 2.
Day's Range: 2. - 2.
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10.57
Alpha Star Acquisition Corp is a blank check company that was incorporated in Delaware in 2020. It was established with the aim of acquiring or merging with one or more businesses or entities in the technology, media, and telecommunications industries. The company is led by CEO and Chairman Ricardo Salinas, who is also the founder of Grupo Salinas, a Mexican conglomerate with interests in telecommunications, retail, and finance.
The Alpha Star Acquisition Corp unit consists of one share of common stock and one-third of a warrant, which gives the holder the right to purchase one share of common stock at a predetermined price. The units were offered to the public in an initial public offering (IPO) in December 2020, with each unit priced at $10. The company raised $300 million in gross proceeds from the IPO, which it intends to use for the acquisition or merger of a target company.
As of August 2021, the Alpha Star Acquisition Corp unit is traded on the NASDAQ stock exchange under the ticker symbol "ASPUU". The company has not yet announced a target for acquisition or merger, but it has until December 2022 to do so. If it fails to complete a transaction by that time, the company will be dissolved and the funds raised from the IPO will be returned to its shareholders.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The Alpha Star Acquisition Corp unit consists of one share of common stock and one-third of a warrant, which gives the holder the right to purchase one share of common stock at a predetermined price. The units were offered to the public in an initial public offering (IPO) in December 2020, with each unit priced at $10. The company raised $300 million in gross proceeds from the IPO, which it intends to use for the acquisition or merger of a target company.
As of August 2021, the Alpha Star Acquisition Corp unit is traded on the NASDAQ stock exchange under the ticker symbol "ASPUU". The company has not yet announced a target for acquisition or merger, but it has until December 2022 to do so. If it fails to complete a transaction by that time, the company will be dissolved and the funds raised from the IPO will be returned to its shareholders.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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