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Global Star Acquisition Inc.

5.05

0.00 (0.00%)

Last Update: 13 May 2025 21:27:00

Yesterday: 5.05

Day's Range: 5.05 - 5.55

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When Written:

10.5

Global Star Acquisition Inc. is a special purpose acquisition company (SPAC) that was formed in 2021 with the purpose of acquiring and merging with one or more businesses. The company is based in New York City and is led by CEO and Chairman, Eric Scheyer.

The company raised $360 million in its initial public offering (IPO) in February 2021, with the aim of pursuing targets in the technology, media, and telecommunications sectors. Global Star Acquisition Inc. is listed on the NASDAQ stock exchange under the ticker symbol "GSACU".

As a SPAC, Global Star Acquisition Inc. has a limited lifespan of two years to complete a merger or acquisition with a target company. If the company fails to complete a transaction within this timeframe, it will be liquidated and the funds returned to investors.

The company has not yet announced any specific merger or acquisition targets.

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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