| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Prepaid expense | 179,281 | 261,469 | ||
| Marketable securities held in trust - current | - | 0 | ||
| Total current assets | 179,281 | 261,469 | ||
| Marketable securities held in trust account | 666,445 | 530,462 | ||
| Total noncurrent assets | 666,445 | 530,462 | ||
| Total assets | 845,726 | 791,931 | ||
| Accrued expenses and other liabilities | 493,068 | 447,669 | ||
| Redemption liability | - | 0 | ||
| Promissory notes and loan payable to sponsor | 1,315,158 | 1,133,189 | ||
| Total current liabilities | 1,808,226 | 1,580,858 | ||
| Deferred underwriting commissions | 2,875,000 | 2,875,000 | ||
| Total noncurrent liabilities | 2,875,000 | 2,875,000 | ||
| Total liabilities | 4,683,226 | 4,455,858 | ||
| Ordinary shares subject to possible redemption, 22,664 and 22,664 shares at redemption value of 28.30 and 12.91 per share at september 30, 2025 and december 31, 2024, respectively | 641,445 | 530,462 | ||
| Ordinary shares, par value 0.001, authorized 50,000,000 shares 3,205,000 and 3,205,000 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively, excluding 22,664 and 22,664 shares subject to possible redemption | 3,205 | 3,205 | ||
| Additional paid-in capital | 6,411,532 | 6,522,515 | ||
| Accumulated deficit | -10,893,682 | -10,720,109 | ||
| Total stockholders deficit | -4,478,945 | -4,194,389 | ||
| Total liabilities and stockholders deficit | 845,726 | 791,931 | ||
Alpha Star Acquisition Corp (ALSAF)
Alpha Star Acquisition Corp (ALSAF)