Form 8-K - Current report

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

July 26, 2024

Date of Report (Date of earliest event reported)

 

ALPHA STAR ACQUISITION CORPORATION

(Exact name of registrant as specified in its charter)

 

Cayman Islands		001-41153		N/A
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

 

80 Broad Street, 5th Floor, New York, New York		10004
(Address of principal executive offices)		(Zip Code)

 

Registrant’s telephone number, including area code: [phone]

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐	Written communications pursuant to Rule 425 under the Securities Act
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Units, each consisting of one ordinary share, par value $0.001, one redeemable warrant to purchase one-half ordinary share and one right to acquire 1/7 of an ordinary share		ALSAU		The Nasdaq Stock Market LLC
Ordinary Share, par value $0.001		ALSA		The Nasdaq Stock Market LLC
Redeemable warrants, each warrant exercisable for one-half of an ordinary share		ALSAW		The Nasdaq Stock Market LLC
Rights, each to receive one-seventh (1/7) of one ordinary share		ALSAR		The Nasdaq Stock Market LLC

 

 

 

 

 

Item 8.01. Other Events.

 

Alpha Star Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

 

Alpha Star Acquisition Company (the “Company” or “Alpha Star”) has received a written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated July 26, 2024, which states that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) after the filing of its Annual Report on Form 10-K for the period ended December 31, 2023 on July 3, 2024 and that this matter was closed.

 

As previously disclosed by the Company in its Form 8-K filed on June 6, 2024, the Company received a delinquency notification letter (the “Notice”) dated May 31, 2024 from Nasdaq due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Annual Report for the period ended December 31, 2023 and its Quarterly Report for the period ended March 31, 2024. The Notice provided that the Company had 60 calendar days, or until July 30, 2024, to submit to Nasdaq a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1). If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 days, or until October 14, 2024, to regain compliance. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.

 

On July 30, 2024, the Company has filed its Quarterly Report on Form 10-Q for the period ended March 31, 2024, pursuant to Nasdaq Listing Rule 5250(c)(1).

 

 

 

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: July 31, 2024
	ALPHA STAR ACQUISITION CORPORATION
	By:	/s/ Zhe Zhang
	Name:	Zhe Zhang
	Title:	Chief Executive Officer

 

 

Cover	Jul. 26, 2024
Document Type	8-K
Amendment Flag	false
Document Period End Date	Jul. 26, 2024
Entity File Number	001-41153
Entity Registrant Name	ALPHA STAR ACQUISITION CORPORATION
Entity Central Index Key	0001865111
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	80 Broad Street
Entity Address, Address Line Two	5th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10004
City Area Code	(212)
Local Phone Number	837-7977
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Units, each consisting of one ordinary share, par value $0.001, one redeemable warrant to purchase one-half ordinary share and one right to acquire 1/7 of an ordinary share
Title of 12(b) Security	Units, each consisting of one ordinary share, par value $0.001
Trading Symbol	ALSAU
Security Exchange Name	NASDAQ
Ordinary Share, par value $0.001
Title of 12(b) Security	Ordinary Share, par value $0.001
Trading Symbol	ALSA
Security Exchange Name	NASDAQ
Redeemable warrants, each warrant exercisable for one-half of an ordinary share
Title of 12(b) Security	Redeemable warrants, each warrant exercisable for one-half of an ordinary share
Trading Symbol	ALSAW
Security Exchange Name	NASDAQ
Rights, each to receive one-seventh (1/7) of one ordinary share
Title of 12(b) Security	Rights, each to receive one-seventh (1/7) of one ordinary share
Trading Symbol	ALSAR
Security Exchange Name	NASDAQ

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