---
title: "Alpha Star Acquisition Corp Q2 2026: Net income $(142,258), EPS $(0.05) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297081522.md"
description: "Alpha Star Acquisition Corp reported a net loss of $142,258 and diluted EPS of $(0.05) for Q2 2026, compared to a $137,495 loss in the prior year period. As a blank-check SPAC with no operating revenues, the company continues its search for a business combination. Management anticipates increased general, administrative, legal, and accounting expenses as it pursues a transaction, relying on sponsor loans and external financing to maintain operational runway."
datetime: "2026-08-26T19:41:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297081522.md)
  - [en](https://longbridge.com/en/news/297081522.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297081522.md)
generator: "portal-rs"
---

# Alpha Star Acquisition Corp Q2 2026: Net income $(142,258), EPS $(0.05) — 10-Q Summary

Alpha Star Acquisition Corp reported a net loss of $(142,258) for the second quarter of 2026 and diluted loss per share of $(0.05) on its non-redeemable shares. The company, a blank‑check SPAC with no operating revenues prior to a business combination, recorded a slightly larger loss than the year-ago quarter.

**Financial Highlights**

-   Net income: $(142,258) for Q2 2026, compared with $(137,495) in Q2 2025.
-   Diluted earnings per share: $(0.05) per share for Q2 2026 (non-redeemable shares), vs. $(0.08) in Q2 2025.
-   Revenue: Not reported; the company is a blank‑check entity with no operating revenues prior to a business combination.

**Business Highlights**

-   Business model and focus: Blank‑check SPAC formed to identify and complete one or more business combinations; no operating revenues to date.
-   Operational activity: Primary activities limited to organizational matters, IPO preparation and target identification; increased due diligence and search costs expected as the transaction process continues.
-   Cash & trust use: Funds held in the trust account are intended to finance an acquired target’s operations post‑combination; interest may be used for taxes or working capital.
-   Costs and hiring: Management anticipates higher G&A, legal, accounting and auditing expenses as a public company and while pursuing a transaction.
-   Liquidity plans and risks: Management expects to rely on sponsor loans and potential external financing to support transaction costs and maintain operational runway.

Original SEC Filing: Alpha Star Acquisition Corp \[ ALSAF \] - 10-Q - Aug. 26, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [ALSAF.US](https://longbridge.com/en/quote/ALSAF.US.md)
- [ALSA.US](https://longbridge.com/en/quote/ALSA.US.md)

## Related News & Research

- [Aimei Health issues $34,330.96 non-interest promissory note to Aimei Investment for SPAC deadline extension](https://longbridge.com/en/news/297910227.md)
- [Ribbon Acquisition enters subscription deal for up to 4,100,000 shares at redemption price](https://longbridge.com/en/news/297895294.md)
- [SPAC Legion Capital Acquisition files for a $200 million IPO, targeting aerospace, defense, and intelligence](https://longbridge.com/en/news/298045879.md)
- [Inflection Point Acquisition VIII Completes $287.5 Million SPAC IPO and Executes Related Agreements](https://longbridge.com/en/news/297829187.md)
- [Bpifrance S.A. Secures Board Seat at Pasqal Holding SA with 11.4% Stake](https://longbridge.com/en/news/297974770.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**