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New York, NY, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Alpha Star Acquisition Corporation (NASDAQ: ALSA) (“Alpha Star” or “ALSA”), a special purpose acquisition company, today announced the execution of a business combination agreement on September 12, 2024 (the “Business Combination Agreement”), pursuant to which Alpha Star will undergo a business combination with OU XDATA GROUP (“XDATA”), an Estonia-based financial technology solutions company. The transaction has been approved by the boards of directors of Alpha Star and XDATA and is expected to be consummated in late 2024. The closing of the transaction is subject to regulatory approval, approval by the shareholders of Alpha Star and XDATA and the satisfaction of certain other customary closing conditions.

globenewswire.com 2024 Sep 13
ALSA Stock News Image - globenewswire.com

NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Alpha Star Acquisition Corporation, a Cayman Islands exempted company (NASDAQ: ALSA) (the “Company” or “Alpha Star”) announced today that it has entered into a letter of intent (LOI) with XDATA GROUP OÜ (“Xdata”), an Estonia-based financial technology solutions company on June 19, 2024.

globenewswire.com 2024 Jun 24
ALSA Stock News Image - globenewswire.com

New York, NY, June 06, 2024 (GLOBE NEWSWIRE) -- Alpha Star Acquisition Corporation. (Nasdaq: ALSA) (the “Company”) announced that it has received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Form 10-K for the period ended December 31, 2023 and its Form 10-Q for the period ended March 31, 2024, the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”).

globenewswire.com 2024 Jun 06
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