Global Star Acquisition Inc. February 2025 Securities Report: Stocks, Warrants & Rights

$GLST
Form 8-K
Filed on: 2025-02-14
Source
Global Star Acquisition Inc. February 2025 Securities Report: Stocks, Warrants & Rights

Here are the key insights extracted from the provided financial report section:

  1. Entity Information:
  • Company Name: Global Star Acquisition Inc.
  • SEC CIK Number: 0001922331
  • SEC File Number: 001-41506
  • Address: 1641 International Drive, Unit 208, McLean, VA 22102
  • Contact Number: 703-790-0717
  1. Date of Report:
  • Report Date: February 7, 2025
  1. Securities Offered:
  • The report mentions three types of securities being offered:
    • Class A Common Stock:
    • Par Value: $0.0001 per share
    • Ticker Symbol: GLST (NASDAQ)
    • Redeemable Warrants:
    • Each whole warrant is exercisable for one share of Class A Common Stock.
    • Exercise Price: $11.50 per share
    • Ticker Symbol: GLSTW (NASDAQ)
    • Rights:
    • Each right is exchangeable into one-tenth of one share of Class A Common Stock.
    • Ticker Symbol: GLSTR (NASDAQ)
  1. Units:
  • The report states that the units consist of:
    • One share of Class A Common Stock
    • One Redeemable Warrant
    • One Right
  1. Financial Metrics:
  • The units are measured in both USD and Shares, indicating potential valuation or pricing metrics for the securities offered.
  1. Regulatory Compliance:
  • The filing is structured as per the XBRL (eXtensible Business Reporting Language) format, which is standard for SEC filings, ensuring compliance with regulatory requirements.

These insights provide a clear overview of the securities being offered by Global Star Acquisition Inc., including their structure, pricing, and relevant company information.