Becker Represents Alpha Star Acquisition Corporation on $100M NASDAQ IPO

12.16.2021
Bill HuoSamantha A. Lesser

Becker is proud to announce the successful representation of Alpha Star Acquisition Corporation (NASDAQ: ALSAU) in its initial public offering of 10 million units at $10 per unit, resulting in gross proceeds of $100 million.

Corporate team members Brian Daughney, Bill Huo, and Samantha Lesser represented client Alpha Star Acquisition Corporation, a New York company, in connection with its initial public offering, which was completed on December 15, 2021.

Alpha Star Acquisition Corporation is a newly organized blank check company formed under the laws of the Cayman Islands for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Ladenburg Thalmann & Co. Inc. is acting as the sole bookrunner and the representative of the underwriters in the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC is acting as co-manager of the offering.

To view the news release on the IPO closing, click here.

To learn more about Becker’s Corporate Practice Group and our services, please click here.

Areas of Focus: Corporate, Securities & Corporate Finance