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Metal Sky Star Acquisition Corp: January 2025 Financial Overview & Securities Report

$MSSA
Form 8-K
Filed on: 2025-01-10
Source
Metal Sky Star Acquisition Corp: January 2025 Financial Overview & Securities Report

Based on the provided section of the financial report, here are the key points and insights:

  1. Entity Identification:
  • The report corresponds to Metal Sky Star Acquisition Corporation, identifiable by CIK number 0001882464.
  1. Reporting Date:
  • The report is dated January 7, 2025, indicating a specific snapshot of the company's financial position on that date.
  1. Stock Structure:
  • The company has issued units, each consisting of:
    • One Ordinary Share with a par value of $0.001.
    • One Redeemable Warrant that is exercisable for one Ordinary Share at an exercise price of $11.50 per share.
    • One Right to receive one-tenth (1/10th) of one Ordinary Share.
  1. Securities Listings:
  • The securities are listed on NASDAQ under the following symbols:
    • MSSAU for Units.
    • MSSA for Ordinary Shares.
    • MSSAW for Redeemable Warrants.
    • MSSAR for Rights.
  1. Measurement Units:
  • The report uses multiple units for measurement:
    • USD for monetary values.
    • Shares for the number of shares.
    • USD per Share indicating a financial metric that may be relevant for investors.
  1. Segment Reporting:
  • The segments reported include the different classes of stock and instruments, namely:
    • Ordinary Shares
    • Redeemable Warrants
    • Rights
  1. General Context:
  • The report indicates that this is likely part of a registration or offering related to the company's securities, as it mentions various classes of stock, warrants, and rights.

Insights:

  • The structure of the units indicates a complex financial instrument that provides investors with multiple options, potentially enhancing liquidity and investment appeal.
  • The exercise price of $11.50 for the redeemable warrants could serve as a benchmark for evaluating future share price performance.
  • The presence of rights to receive fractional shares may attract investors looking for lower entry points in equity positions.

This financial report provides a detailed and structured view of the equity offerings of Metal Sky Star Acquisition Corporation, which may be of interest to potential investors or analysts monitoring the company’s growth and capital structure.