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Alpha Star Reduces Underwriting Commission Amid Shareholder Redemptions

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Alpha Star Reduces Underwriting Commission Amid Shareholder Redemptions

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Alpha Star Acquisition ( (ALSAF) ) just unveiled an update.

On October 13, 2025, Alpha Star Acquisition Corporation, a Cayman Islands exempt company, amended its underwriting agreement with Ladenburg Thalmann & Co., Inc. due to shareholder redemptions and trust account balances related to its business combination with OU XDATA GROUP. The amendment reduced the deferred underwriting commission from $2,875,500 to $950,000, to be paid in cash at the closing of the business combination.

More about Alpha Star Acquisition

Average Trading Volume: 278

Technical Sentiment Signal: Buy

Current Market Cap: $45.19M

See more data about ALSAF stock on TipRanks’ Stock Analysis page.

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