Alpha Star Acquisition Corp (ALSWF) Warrant
Each ALSWF warrant gives the holder the right to buy 1/2 share of Alpha Star Acquisition Corp at $11.50 per share, for five years after the company completes its merger. Alpha Star Acquisition Corp is a SPAC (shareholder vote scheduled with OU XDATA GROUP). It must complete a deal by October 15, 2026 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 178.2% to the 3.23M shares outstanding.
We have no price feed for OTC warrants yet, so this page shows the terms and dilution of ALSWF without prices or a chart.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1/2
- Cash to exercise one warrant
- $5.75
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
From the issuer's 424B4 (2021-12-14).
Company and stock
- Company
- Alpha Star Acquisition Corp
- Shares outstanding
- 3.23M
- Industry
- Services: Prepackaged Software
- Head office
- New York, NY
Shares outstanding as of 2026-08-26. Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
Pro will show our model value for ALSWF. It is not open yet. Leave your email to hear when it is.
Dilution
- Shares outstanding
- 3.23M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 178.2%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- shareholder vote scheduled
- Target
- OU XDATA GROUP
- Deal announced
- 2024-09-12
- Deadline
- 2026-10-15
- Latest possible deadline
- 2026-12-15
- Trust per share
- $10.20
- Sponsor
- A-Star Management Corp.
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about ALSWF
When does the ALSWF warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of ALSWF?
$11.50 per share; each warrant converts into 1/2 share, so exercising one warrant costs $5.75.
How many ALSWF warrants are outstanding?
11.50M listed warrants, equal to 178.2% dilution if all are exercised.
Related warrants
Get an email when alerts for ALSWF open
Alerts and Pro are not open yet. Leave your email and we will tell you when you can follow ALSWF.