Alpha Star Acquisition Corporation filed a Form 8-K on October 14, 2026, announcing amendments to its governing documents and trust agreement. The company reported that at an Extraordinary General Meeting held on October 13, 2026, shareholders approved proposals to extend the deadline for a business combination and remove monthly funding requirements for the company's trust account.
Shareholder approval was unanimous. Of the 3,205,002 ordinary shares present at the meeting, representing 99.32% of the outstanding shares as of the record date of September 15, 2026, all votes were cast in favor of the three proposals.
Under the approved amendments, the company will no longer be required to make monthly extension payments into its trust account beginning with the payment due in October 2026. Additionally, the company has been granted the discretion to extend the date for commencing liquidation of its trust account up to twelve times. This extension allows the company to delay liquidation from December 15, 2026, to December 15, 2027, with each extension providing an additional one-month period without the need to deposit additional funds.
The amendments were made to both the Investment Management Trust Agreement, dated December 9, 2021, between Alpha Star and Wilmington Trust, National Association, and the company’s Amended and Restated Memorandum and Articles of Association. The company noted that no holders of public shares submitted requests to redeem their shares in connection with the meeting.
