Alpha Star Acquisition Corp.

10/14/2026 | Press release | Distributed by Public on 10/14/2026 09:32

Material Agreement, Proxy Results, Amendments to Bylaws (Form 8-K)

Item 1.01. Entry Into a Material Definitive Agreement

Amendment to the Investment Management Trust Agreement

As approved by the shareholders of Alpha Star Acquisition Corporation, a Cayman Islands exempted company ("Alpha Star" or the "Company") at the extraordinary general meeting of its shareholders held on October 13, 2026 (the "Extraordinary General Meeting"), the Company entered into an amendment dated as of October 13, 2026 (the "Trust Agreement Amendment") to the Investment Management Trust Agreement, dated as of December 9, 2021 (the "Trust Agreement"), by and between the Company and Wilmington Trust, National Association, as amended, to remove the monthly extension payment otherwise required to be deposited into the Company's trust account established in connection with the Company's initial public offering (the "Trust Account") beginning with the payment due in October 2026, and to provide the Company with the discretion to extend the date on which to commence liquidating the Trust Account up to twelve (12) times from December 15, 2026, to December 15, 2027, each by an additional one (1) month, without depositing additional funds in the Trust Account.

The foregoing description of the Trust Agreement Amendment is qualified in its entirety by reference to the full text of the Trust Agreement Amendment, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1, and is incorporated herein by reference.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

At the Extraordinary General Meeting, the shareholders approved certain amendments to Alpha Star's amended and restated memorandum and articles of association (the "Amended and Restated Memorandum and Articles of Association"). The proposed amendments to the Company's Amended and Restated Memorandum and Articles of Association approved by the Company's shareholders were to remove the monthly extension payment otherwise required to be deposited into the Company's Trust Account beginning with the payment due in October 2026, and to extend the date by which the Company must consummate a business combination to December 15, 2027, without depositing additional funds in the Trust Account, by deleting the existing Section 36.2 thereof and replacing it with the new Section 36.2 (the "Charter Amendment Proposal").

The Charter Amendment Proposal is described in more detail in Alpha Star's definitive proxy statement filed with the U.S. Securities and Exchange Commission on September 21, 2026 (the "Proxy Statement"). The final voting results for each of the proposals are indicated below. On October 13, 2026, following the approval of the proposals described above, the Company adopted the amendments to the Amended and Restated Memorandum and Articles of Association. The foregoing description is qualified in its entirety by reference to the amendments to the Amended and Restated Memorandum and Articles of Association, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 5.07 Submission of Matters to a Vote of Security Holders.

At the Extraordinary General Meeting held on October 13, 2026, there were 3,205,002 ordinary shares of Alpha Star present in person or represented by proxy, representing 99.32% of the outstanding ordinary shares of Alpha Star as of September 15, 2026, the record date for the Extraordinary General Meeting, and constituting a quorum for the transaction of business. At the Extraordinary General Meeting, each of the proposals described below was approved by the Company's shareholders of record. The final results for the votes regarding each proposal are set forth in the following tables. Each of the proposals is described in detail in the Company's Proxy Statement.

Proposal 1 (Trust Amendment Proposal):

Amendment of the Company's investment management trust agreement (the "Trust Agreement"), dated December 9, 2021, entered into by the Company and Wilmington Trust, National Association, as trustee (the "trustee"), as amended, to remove the monthly extension payment otherwise required to be deposited into the Company's Trust Account beginning with the payment due in October 2026, and providing the Company with the discretion to extend the date on which to commence liquidating the Trust Account up to twelve (12) times from December 15, 2026, to December 15, 2027, each by an additional one (1) month, without depositing additional funds in the Trust Account:

For Against Abstain
Trust Amendment Proposal 3,205,002 0 0
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