Based on ratings from 0 stock analysts, the Alpha Star Acquisition Corporation stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Alpha Star Acquisition Corporation. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedALSA 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Alpha Star Acquisition Corporation to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ALSA. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ALSA.
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When did it IPO
2022
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Dr. Zhe Zhang
Market Cap
$49.2M
In 2023, ALSA generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ALSA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Alpha Star Acquisition Corp. (Nasdaq: ALSA) received a notice from Nasdaq for not meeting the $50M minimum Market Value of Listed Securities requirement, but trading remains unaffected.
Why It Matters - Alpha Star Acquisition Corporation risks delisting from Nasdaq due to non-compliance with minimum market value requirements, which may affect investor confidence and stock liquidity.
Summary - Alpha Star Acquisition Corporation (NASDAQ: ALSA) has announced a business combination with Estonia-based OU XDATA GROUP, pending regulatory and shareholder approvals, expected to close in late 2024.
Why It Matters - The business combination between Alpha Star and XDATA could impact ALSA's stock value, offering growth potential in the fintech sector and attracting investor interest. Regulatory and shareholder approvals are critical.
Summary - Alpha Star Acquisition Corporation (NASDAQ: ALSA) has signed a letter of intent with Estonia-based fintech company XDATA GROUP Oร as of June 19, 2024.
Why It Matters - The LOI with XDATA signals a potential merger or acquisition, which could enhance Alpha Star's growth prospects and market position, impacting stock valuation and investor sentiment.
Summary - Alpha Star Acquisition Corporation (Nasdaq: ALSA) is non-compliant with Nasdaq Listing Rule 5250(c)(1) due to delays in filing its Form 10-K and Form 10-Q.
Why It Matters - Non-compliance with Nasdaq's reporting requirements can lead to delisting, affecting the company's stock price and investor confidence. It signals potential financial instability or operational issues.
Summary - Alpha Star Acquisition Corporation (NASDAQ: ALSA) has deposited $383,333 into its trust account to extend its deadline for completing a business combination to November 15, 2022.
Why It Matters - The extension of the business combination deadline indicates ongoing efforts to secure a deal, affecting investor confidence and stock performance in Alpha Star Acquisition Corporation.