CSIMarket
 
Alpha Star Acquisition Corporation  (ALSAU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $11.5300 $0.28 2.489%
Day's High: $11.53 Week Perf: 2.76 %
Day's Low: $ 11.53 30 Day Perf: 11.08 %
Volume (M): 0 52 Wk High: $ 11.53
Volume (M$): $ 1 52 Wk Avg: $10.96
Open: $11.53 52 Wk Low: $10.40



 Market Capitalization (Millions $) 37
 Shares Outstanding (Millions) 3
 Employees -
 Revenues (TTM) (Millions $) 3
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Alpha Star Acquisition Corporation
Alpha Star Acquisition Corporation is a Special Purpose Acquisition Company (SPAC) that was formed for the purpose of merging or acquiring an existing company in a specific industry or sector. It focuses on identifying and partnering with high-growth potential businesses that can benefit from going public.

The company aims to provide a platform for private companies to access the public markets by merging with Alpha Star Acquisition Corporation. This allows them to raise capital and accelerate their growth strategies. Additionally, Alpha Star Acquisition Corporation provides expertise, guidance, and resources to the acquired companies to enhance their operations and market presence.

Alpha Star Acquisition Corporation may target companies in various sectors such as technology, healthcare, consumer goods, or energy, among others. The specific criteria for potential target companies include strong management teams, attractive growth prospects, and compelling business models.

Once a suitable target is identified, Alpha Star Acquisition Corporation works towards negotiating and executing a merger or acquisition deal. This typically involves an exchange of equity and a restructuring of the combined entity. Post-merger, the combined company may choose to operate under a new name and ticker symbol, while having the benefits of being a public company.

Overall, Alpha Star Acquisition Corporation serves as a vehicle for private companies looking to go public and achieve greater growth opportunities by accessing the public markets and partnering with experienced professionals in their respective industries.


   Company Address: 80 Broad Street New York 10004 NY
   Company Phone Number: 837-7977   Stock Exchange / Ticker: NASDAQ ALSAU
   ALSAU is expected to report next financial results on March 29, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Alpha Star Acquisition Corporation

Alpha Star Acquisition Corporation Bounces Back with Rising Profit Margins Despite Revenue Decline

The financial results announced by Blank Checks company and Alpha Star Acquisition Corporation are crucial indicators of their performance in the financial time-frame closing March 31 2023. Blank Checks company has disclosed revenue of $0.807326 million, whereas Alpha Star Acquisition Corporation has achieved net profits of $1.147 million, a decline from their balanced books in the corresponding period a year ago.
Although Alpha Star Acquisition Corporation has reported a decline in profits compared to the previous year, they have emphasized their improving profit margins, wherein the net margin rose to 142.08% and operating margin edged up to 84.97%. These figures are noteworthy and show an upward trend in the company's performance. This could be a result of management's strategic decisions and solid execution, which has led to higher profitability, despite the drop in revenues.






 

Alpha Star Acquisition's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com