NEW YORK, Sept. 14, 2022 (GLOBE NEWSWIRE) — Alpha Star Acquisition Corporation (the “Company” or “Alpha Star”) AS A (the “Company”) announced today that the Company has paid into the Company’s escrow account (the “Escrow”) a total of $383,333, equal to $0.033 per common share of the Company, to extend the term of the Company to consummate a business combination within one month ending October 15, 2022.
About Alpha Star Acquisition Corporation
The Corporation is a blank check corporation incorporated as an exempt corporation in the Cayman Islands incorporated for the purpose of consummating a merger, stock exchange, acquisition of assets, stock purchase, reorganization or similar business combination with one or more companies. While the Company may pursue an acquisition opportunity in any industry or sector, the Company intends to focus on companies that have a connection to the Asian market.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the Company’s control, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the offering filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website, www.sec.gov. The company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
Zhe Zhang
Managing Director
zhe.zhang@swgt.co.uk
