Global Star Acquisition Inc.

Overview

• IndustryBlank Checks²
• HeadquartersMcLean, United States²
• Incorporated inDE⁴
• Business addressInternational Drive Unit 208, Mclean, Va 22012⁴
• Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company⁴
• Legal formCorporation²
• LEI549300WVYNDKLU5S4I14²
• StatusActive²
• LEI statusLapsed (not renewed)²
• Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States²
• Registered withDivision of Corporations, Department of State, 7529667²

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Simultaneously with the consummation of the closing of the IPO, the Company consummated the private placement of an aggregate of 456,225 units (the “IPO Private Placement Units”) to the Sponsor, at a price of $10.00 per Private Placement Unit, generating total gross proceeds of $4,562,250 (the “IPO Private Placement”).⁵ From its latest annual report

Corporate structure

Global Star Acquisition Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Global Star Acquisition Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

Properties, in its own words

Our executive offices are located at 1641 International Drive, Unit 208, McLean, VA 22102, and our telephone number is (703) 790-0717. We have agreed to pay Global Star Acquisition 1 LLC, our sponsor, of $10,000 per month on the Initial Public Offering date and continuing monthly thereafter until the Termination Date, for office space, utilities, and secretarial and administrative support. For the year ended December 31, 2024, the Company incurred $120,000 of expenses pursuant to this agreement. Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. We consider our current office space adequate for our current operations.

Item 2 of the 10-K filed Apr 30, 2025.⁵

Leadership

Who has led Global Star Acquisition Inc., and when. Pick a name to see everywhere that person has worked.

• Chief executive officerAnthony Ang Sep 19, 2022 to Sep 19, 2022¹¹
• Chief financial officerCui Shan Sep 20, 2022 to Sep 20, 2022¹²
• Chief operating officerNicholas Khoo Sep 19, 2022 to Sep 19, 2022¹³

Timeline

1. Mar 14, 20258-K Listing notice or transfer¹⁹
2. Mar 11, 20258-K Listing notice or transfer²⁰
3. Feb 24, 20258-K Listing notice or transfer²¹
4. Feb 14, 20258-K Listing notice or transfer²²
5. Feb 11, 20258-K Shareholder vote²³
6. Feb 7, 20258-K Entered a material agreement²⁴
7. Feb 7, 20258-K Shareholder vote²⁵
8. Feb 5, 20258-K Listing notice or transfer²⁶
9. Dec 31, 20248-K Other events²⁷
10. Dec 27, 20248-K Listing notice or transfer²⁸
11. Dec 3, 20248-K Entered a material agreement; Bylaws or fiscal year changed; Shareholder vote²⁹
12. Nov 27, 20248-K Listing notice or transfer³⁰
13. Sep 19, 2022New chief executive Anthony Ang becomes CEO¹¹
14. Jul 4, 2019Founded Global Star Acquisition Inc. is founded²

Filings

153 filings to the SEC since October 2021: 3 annual reports, 7 quarterly reports, 35 major events, 19 insider forms, 27 large holders, 62 other. The latest 20:

1. May 15, 202515-12G EDGAR
2. May 15, 2025SCHEDULE 13G/A EDGAR
3. Apr 30, 202510-K EDGAR
4. Mar 31, 2025NT 10-K EDGAR
5. Mar 14, 2025425 EDGAR
6. Mar 14, 20258-K EDGAR
7. Mar 12, 202525 EDGAR
8. Mar 11, 2025425 EDGAR
9. Mar 11, 20258-K EDGAR
10. Feb 25, 20254 PRIMARY DOCUMENT EDGAR
11. Feb 24, 2025425 EDGAR
12. Feb 24, 20258-K EDGAR
13. Feb 24, 20253 PRIMARY DOCUMENT EDGAR
14. Feb 14, 2025425 EDGAR
15. Feb 14, 20258-K EDGAR
16. Feb 14, 2025SCHEDULE 13G/A EDGAR
17. Feb 14, 2025SCHEDULE 13G/A EDGAR
18. Feb 14, 2025SCHEDULE 13G EDGAR
19. Feb 14, 2025SCHEDULE 13G/A EDGAR
20. Feb 11, 2025425 EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 0 buys and 4 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• AQR CAPITAL MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Feb 14, 2025 to May 15, 2025³¹
• D. E. SHAW & CO, L.P.SCHEDULE 13G/A, 2 filings Nov 14, 2024 to Feb 14, 2025³²
• Walleye Capital LLCSCHEDULE 13G/A, 2 filings Nov 14, 2024 to Feb 14, 2025³³
• Westchester Capital Management, LLCSCHEDULE 13G/A, 2 filings Nov 14, 2024 to Feb 14, 2025³⁴
• WOLVERINE ASSET MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Oct 16, 2024 to Jan 7, 2025³⁵
• COWEN AND COMPANY, LLCSC 13G/A, 2 filings Feb 2, 2024 to Nov 13, 2024³⁶
• Karpus Management, Inc.SC 13G/A, 4 filings Feb 14, 2023 to May 9, 2024³⁷
• Shaolin Capital Management LLCSC 13G/A, 2 filings Feb 14, 2023 to Feb 22, 2024³⁸
• Polar Asset Management Partners Inc.SC 13G/A, 2 filings Feb 10, 2023 to Feb 13, 2024³⁹
• ARISTEIA CAPITAL, L.L.C.SC 13G/A, 2 filings Feb 13, 2023 to Feb 12, 2024⁴⁰
• Space Summit Capital LLCSC 13G/A, 3 filings Sep 21, 2022 to Feb 5, 2024⁴¹
• Lawrence FeisSC 13G/A, 2 filings Sep 29, 2022 to Feb 1, 2023⁴²

SEC filer profile

How Global Star Acquisition Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARGlobal Star Acquisition Inc.¹
• CIK0001922331
• Employer ID (EIN)84-2508938⁵
• Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company⁵
• Incorporated inDelaware⁵
• Fiscal year endsDecember 31¹
• Industry code (SIC)6770 Blank Checks¹
• SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance¹
• Business addressInternational Drive Unit 208, Mclean, VA 22012¹
• Phone(703)790-0717¹
• Shares outstanding40,043 Redeemable Class A Common Stock shares; 613,225 Non Redeemable Class A Common Stock shares; 2,300,000 Common Class B shares as of Apr 29, 2025⁵
• Public float$12.6M as of Jun 30, 2024⁵
• AuditorMarcum LLP, New York, NY PCAOB ID 688⁵
• On EDGAR sinceApr 29, 2022¹
• Filings154 in all: 8-K (34), 425 (23), 3 (13), SC 13G (13), SC 13G/A (9), 10-Q (7), NT 10-Q (5), SCHEDULE 13G/A (5)¹
  All 35 form types

  4 (4), CORRESP (4), 10-K (3), DEF 14A (3), PRE 14A (3), UPLOAD (3), 4/A (2), NT 10-K (2), NT 10-Q/A (2), S-1/A (2), 15-12G (1), 25 (1), 424B4 (1), 8-A12B (1), 8-A12B/A (1), 8-K/A (1), CERT (1), DEFA14A (1), DEFM14A (1), DEFR14A (1), DRS (1), DRS/A (1), DRSLTR (1), EFFECT (1), NT 10-K/A (1), S-1 (1), SCHEDULE 13G (1)

• Latest filingsAnnual report (10-K) Apr 30, 2025
  Quarterly report (10-Q) Nov 12, 2024
  Proxy statement (DEF 14A) Nov 18, 2024
  Latest 8-K (8-K) Mar 14, 2025

Securities registered for trading

From the cover page of the 10-K filed Apr 30, 2025 (Section 12(b) of the Exchange Act).⁵

Risk factors and legal proceedings

The risks Global Star Acquisition Inc. names in Item 1A of its 10-K filed Apr 30, 2025: 8 risks under these headings, as written.⁵

• Since we have not consummated our initial Business Combination, our securities have been delisted from Nasdaq. Such delisting could have a material adverse effect on the trading of our securities and may adversely affect our ability to consummate an initial Business Combination
• Global Star will be forced to liquidate the trust account if it cannot consummate a business combination by June 22, 2025, Global Star’s public stockholders will receive $10.25 per share and the Global Star rights will expire worthless.
• If we are deemed to be an investment company for purposes of the Investment Company Act, we would be required to institute burdensome compliance requirements and our activities would be severely restricted and, as a result, we may abandon our efforts to consummate a business combination and liquidate the Company.
• Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial business combination, and results of operations.
• We have failed to maintain adequate disclosure controls and procedures which may result in material errors in our financial statements or cause us to fail to meet our period reporting obligations.
• Major bank failure or sustained financial market illiquidity, could adversely affect our business, financial condition and results of operations.
• Unstable market and economic conditions and adverse developments with respect to financial institutions and associated liquidity risk may have serious adverse consequences on our business, financial condition and stock price.
• We have no operating history and are subject to a mandatory liquidation and a subsequent dissolution requirement if we do not complete an initial business combination by June 22, 2025. As such, there is a risk that we will be unable to continue as a going concern if we do not consummate an initial business combination by the applicable deadline. If we are unable to complete an initial business combination by the deadline, we will be forced to liquidate.

Legal proceedings

To the knowledge of our management team, there is no litigation currently pending, or contemplated by governmental authorities, against us, any of our officers or directors in their capacity as such or against any of our property.

The opening of Item 3, Legal Proceedings.⁵