Trust account stood at $814,834 versus $718,072 at December 31, 2025. 21,962 ordinary shares remained subject to possible redemption at $37.10 per share.
Promissory notes and loan payable to sponsor totaled $1,910,121 at quarter end, up from $1,431,299.
Net loss for the six months was $308,056. Operating expenses reached $322,008; interest and dividends from trust added $13,952.
3,205,000 non-redeemable ordinary shares outstanding. Accrued expenses and other liabilities $567,007.
Extension payments of $105,000 funded into trust during the period. Last shareholder-approved extension runs to December 15, 2026.
Votes on OU XDATA GROUP combination held May 2025 and June 2026; 46 shares tendered for redemption in June meeting, not yet processed.
Pulse Impact
- Previous Pulse: 28
- New Pulse: 33
- Change: +5
- Driver: 10-Q added a constructive beat, so Pulse rose.
Alpha Star Acquisition Corp Form 10-Q (2026-08-26)
Not investment advice. Facts taken from the company’s Form 10-Q.