Metal Sky Star Acquisition Corp 8-K Report: Key Details & Insights for Investors

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

1. Entity Information:

• Name: Metal Sky Star Acquisition Corporation
• CIK: 0001882464
• Address: 221 River Street, 9th Floor, Hoboken, NJ 07030
• Contact Number: 201-721-8789

2. Filing Type: 8-K

• Filing Date: February 11, 2025

3. Securities Listed:

• Units: Each unit consists of:
• • One Ordinary Share with a par value of $0.001
  • One redeemable warrant
  • One right
• Ordinary Shares:
• • Par value: $0.001
  • Ticker Symbol: MSSA (NASDAQ)
• Redeemable Warrants:
• • Each warrant is exercisable for one Ordinary Share at an exercise price of $11.50 per share.
  • Ticker Symbol: MSSAW (NASDAQ)
• Rights:
• • Each right entitles the holder to receive one-tenth (1/10th) of one Ordinary Share.
  • Ticker Symbol: MSSAR (NASDAQ)

4. Period of Reporting:

• Date: The report covers the date of February 11, 2025.

5. Units of Measure:

• The reporting uses USD for monetary figures and shares for equity instruments.

6. Contextual Information:

• The document appears to be structured in XBRL format for regulatory compliance, indicating detailed financial data is included for quantitative analysis.

Insights:

• The report indicates that Metal Sky Star Acquisition Corporation is preparing for activities involving the issuance of units that combine ordinary shares, warrants, and rights, which is common in SPAC (Special Purpose Acquisition Company) transactions.
• The exercise price of $11.50 for the redeemable warrants suggests a specific valuation threshold for investors considering conversion to equity.
• The presence of rights to receive fractions of shares could appeal to investors looking for potential upside with limited exposure.

Overall, this filing provides critical information for potential investors regarding the structure of the company's equity offerings and their rights within the investment framework.