Alpha Star Acquisition Corp (ALSWF) Warrant
Each ALSWF warrant gives the holder the right to buy 1/2 share of Alpha Star Acquisition Corp at $11.50 per share, for five years after the company completes its merger. Alpha Star Acquisition Corp is a SPAC (shareholder vote scheduled with OU XDATA GROUP). It must complete a deal by October 15, 2026 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 178.2% to the 3.23M shares outstanding.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1/2
- Cash to exercise one warrant
- $5.75
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- —
From the issuer's 424B4 (2021-12-14).
Company and stock
- Company
- Alpha Star Acquisition Corp
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 3.23M
Market cap is the last share price times shares outstanding (as of 2026-08-26). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether ALSWF is cheap or rich against our model.
Dilution
- Shares outstanding
- 3.23M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 178.2%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- shareholder vote scheduled
- Target
- OU XDATA GROUP
- Deal announced
- 2024-09-12
- Deadline
- 2026-10-15
- Latest possible deadline
- 2026-12-15
- Trust per share
- $10.20
- Sponsor
- A-Star Management Corp.
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about ALSWF
When does the ALSWF warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of ALSWF?
$11.50 per share; each warrant converts into 1/2 share, so exercising one warrant costs $5.75.
How many ALSWF warrants are outstanding?
11.50M listed warrants, equal to 178.2% dilution if all are exercised.