--- title: "ALPHA STAR ACQUISITION CORPORATION UNIT 1 COM & 1 RT & 1/2 WT | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/279981253.md" datetime: "2026-03-20T18:35:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279981253.md) - [en](https://longbridge.com/en/news/279981253.md) - [zh-HK](https://longbridge.com/zh-HK/news/279981253.md) --- # ALPHA STAR ACQUISITION CORPORATION UNIT 1 COM & 1 RT & 1/2 WT | 10-K: FY2025 Revenue: USD 0 Revenue: As of FY2025, the actual value is USD 0. EPS: As of FY2025, the actual value is USD -0.39. EBIT: As of FY2025, the actual value is USD -928.12 K. Alpha Star Acquisition Corporation is a blank check company that has not generated any operating revenues and does not expect to until after the completion of its initial business combination . #### Operational Metrics - **Net Income (Loss)**: - For the year ended December 31, 2025, the company reported a net loss of - $847,048 . - For the year ended December 31, 2024, the company reported a net income of $1,344,563 . - Year-over-year, net income decreased by $2,191,611 from 2024 to 2025 . - **Loss from Operations**: - For the year ended December 31, 2025, the loss from operations was - $887,584 . - For the year ended December 31, 2024, the loss from operations was - $913,909 . - Year-over-year, the loss from operations decreased by $26,325 from 2024 to 2025 . - **Formation and Operational Costs**: - For the year ended December 31, 2025, costs were $887,584 . - For the year ended December 31, 2024, costs were $913,909 . - Year-over-year, costs decreased by $26,325 from 2024 to 2025 . - **Interest and Dividends Earned in Trust Account**: - For the year ended December 31, 2025, interest and dividends earned were $40,536 . - For the year ended December 31, 2024, interest and dividends earned were $2,258,472 . - Year-over-year, interest and dividends decreased by $2,217,936 from 2024 to 2025 . - **Unrealized Gain on Marketable Securities Held in Trust Account**: - For the year ended December 31, 2025, the unrealized gain was $2,250 . - For the year ended December 31, 2024, the unrealized gain was $41,367 . - Year-over-year, the unrealized gain decreased by $39,117 from 2024 to 2025 . #### Cash Flow - **Net Cash Used in Operating Activities**: - For the year ended December 31, 2025, net cash used in operating activities was - $651,811 . - For the year ended December 31, 2024, net cash used in operating activities was - $243,395 . - Year-over-year, cash used in operating activities increased by $408,416 from 2024 to 2025 . - **Net Cash Provided by Investing Activities**: - For the year ended December 31, 2025, net cash provided by investing activities was $10,434,317 . - For the year ended December 31, 2024, net cash provided by investing activities was $92,737,281 . - Year-over-year, cash provided by investing activities decreased by $82,302,964 from 2024 to 2025 . - **Net Cash Used in Financing Activities**: - For the year ended December 31, 2025, net cash used in financing activities was - $9,782,506 . - For the year ended December 31, 2024, net cash used in financing activities was - $92,493,886 . - Year-over-year, cash used in financing activities decreased by $82,711,380 from 2024 to 2025 . #### Unique Metrics - **Working Capital Deficit**: - As of December 31, 2025, the working capital deficit was $2,015,785 . - As of December 31, 2024, the working capital deficit was $743,201 . - **Marketable Securities Held in Trust Account**: - As of December 31, 2025, marketable securities held in the trust account amounted to $718,072 . - As of December 31, 2024, marketable securities held in the trust account amounted to $11,111,853 . - **Promissory Notes and Loan Payable to Sponsor**: - As of December 31, 2025, promissory notes and loan payable to sponsor totaled $1,431,298 . - As of December 31, 2024, promissory notes and loan payable to sponsor totaled $394,488 . - **Deferred Underwriting Commissions**: - As of December 31, 2025, deferred underwriting commissions were $950,000 . - As of December 31, 2024, deferred underwriting commissions were $2,875,000 . - The deferred underwriting commission was reduced from $2,875,000 to $950,000 on October 13, 2025 . - **Redemption Payments**: - For the year ended December 31, 2025, redemption payments were $10,819,317 . - For the year ended December 31, 2024, redemption payments were $93,382,281 . #### Outlook / Guidance Alpha Star Acquisition Corporation is in the process of consummating its business combination with OU XDATA GROUP, which shareholders approved on May 2, 2025 . The company aims to complete this initial business combination by December 15, 2026 . Failure to complete the business combination by this deadline will result in the company ceasing operations and liquidating its trust account . ### Related Stocks - [ALSUF.US](https://longbridge.com/en/quote/ALSUF.US.md) ## Related News & Research - [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.md) - [Eli Lilly Retatrutide 12 Mg Achieved 30.3% Average Weight Loss At 104 Weeks In Extension](https://longbridge.com/en/news/287203984.md) - [Legend Power Systems Announces $1.3 Million in Orders for 12 SmartGATE Systems as Enhanced Customer Value Strategy Gains Traction | LPSIF Stock News](https://longbridge.com/en/news/287209736.md) - [12:46 ETSpring Cleaning Starts in the Garage: A Step-by-Step Cleanout Guide for Homeowners](https://longbridge.com/en/news/286946537.md) - [12:40 ETMillions Gain New Control Over Their Data in Google Privacy Settlement](https://longbridge.com/en/news/287253193.md)