- SPACs
- Global Star Acquisition Inc.
Global Star Acquisition Inc.
Completed 2025-03-12- CIK 1922331
- GLST
- IPO 2022-09-21
- $4.4M trust
- 154 filings
Successfully merged with K Enter Holdings Inc.
- IPO Size
- $82.5M
- raised at the IPO
- Trust
- $4.4M
- as of 2024-12-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2022
- year it listed
Filings, by quarter
154 filings over 13 quarters; violet bars carry a milestone
- 22 Q2: 5 filings
- 22 Q3: 25 filings
- 22 Q4: 8 filings
- 23 Q1: 10 filings
- 23 Q2: 12 filings
- 23 Q3: 11 filings
- 23 Q4: 3 filings
- 24 Q1: 9 filings
- 24 Q2: 19 filings
- 24 Q3: 5 filings
- 24 Q4: 18 filings
- 25 Q1: 26 filings
- 25 Q2: 3 filings
- S-1 filed 22 Q2
- IPO 22 Q3
- Definitive agreement 23 Q2
- Completed 25 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2022-04-29 Filed S1
- IPO2022-09-21 IPO, search begins
- Definitive Agreement2023-06-15 Agreement for merger
- Completed2025-03-12 Merger Completed
About
A newly organized blank-check company seeking an initial business combination, focusing on Fintech and Proptech businesses offering technology solutions, software, services, or products to the financial services or real estate industries. It will not pursue an entity with principal business operations in or located in China, including Hong Kong and Macau.
Investment Focus
FinTech, PropTech
Geographic Focus
Nordic region, Asia Pacific, South East Asia
Key Information
As the filings state it
- IPO Date
- 2022-09-21
- Total Redemptions
- $3.9M
- PIPE
- $4.5M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2025-03-12
- Merger Target
- K Enter Holdings Inc.
- SPAC Ticker
- GLST
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The management team has backgrounds in investment management, real estate, financial services, technology, gaming, private equity, M&A, energy, and public-company leadership. Anthony Ang has extensive senior management and real estate fund-management experience; Nicholas Khoo has technology, gaming, fintech, and consulting experience; Shan Cui has financial management and audit experience; directors bring investment, real estate, energy, operations, and governance experience.