Alpha Star Acquisition CORP 10-Q quarterly reports

Alpha Star Acquisition Corporation reported a net loss for Q1 2026, continued its efforts towards a business combination with OU XDATA GROUP, and disclosed substantial doubt about its ability to continue as a going concern.

Alpha Star Acquisition Corporation reports significant net losses and a worsening working capital deficit as it races to complete its business combination with OU XDATA GROUP by December 2025, following its Nasdaq delisting.

Alpha Star Acquisition Corporation reported a net loss for Q2 2025, with significant redemptions depleting its trust account and raising substantial doubt about its ability to continue as a going concern.

Alpha Star Acquisition Corporation reports a net loss for Q1 2025 and expresses substantial doubt about its ability to continue as a going concern due to liquidity issues, despite shareholder approval for a business combination.

Alpha Star Acquisition Corporation reported a net loss of $139,268 for the third quarter of 2024, while progressing towards a business combination.

Alpha Star Acquisition Corporation reports a net income of $738,105 for the three months ended June 30, 2024, and extends the deadline for consummating a business combination to December 15, 2024.

Alpha Star Acquisition Corporation reports a net income of $724,045 for the quarter ended March 31, 2024, and extends the deadline for consummating a business combination to December 15, 2024.

Alpha Star Acquisition Corporation is restating its Q3 2023 financial statements due to the improper classification of trust account assets and deferred underwriting commissions.

Alpha Star Acquisition Corporation is restating its financial statements for the quarter ended June 30, 2023, due to the misclassification of cash held in the trust account and deferred underwriting commissions.

Alpha Star Acquisition Corporation is restating its Q1 2023 financial statements due to the improper classification of trust account assets and deferred underwriting commissions.

Alpha Star Acquisition Corporation is restating its Q3 2022 financial statements due to the incorrect classification of trust account funds and deferred underwriting commissions, which led to material weaknesses in internal control over financial reporting.

Alpha Star Acquisition Corporation is restating its financial statements for the quarter ended June 30, 2022, due to the improper classification of certain assets and liabilities.

Alpha Star Acquisition Corporation is restating its Q1 2022 financial statements due to the incorrect classification of cash held in the trust account and deferred underwriting commissions.