Alpha Star Acquisition narrows Q1 net loss to $165,798

Alpha Star Acquisition Corporation

Alpha Star Acquisition Corporation

ALSAF

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  • Alpha Star Acquisition posted a net loss of $(165,798) for the quarter ended March 31, 2026, narrowing from $(200,767) a year earlier.
  • Operating costs fell to $172,613 from $223,812, while interest income on marketable securities held in the Trust Account dropped to $4,329 from $21,556.
  • Marketable securities held in the Trust Account totaled $829,887 as of March 31, 2026, with no cash held outside the Trust Account.
  • Net cash used in operating activities was $343,917, while financing cash inflow was $448,917 tied to a Sponsor promissory note and Sponsor Loan.


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