Global Star Acquisition Inc

Global Star Acquisition, Inc. is a blank check company that was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more business. The company was founded on July 24, 2019 and is headquartered in McLean, VA.

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SEOUL, South Korea and NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Global Star Acquisition Inc. (NASDAQ: GLST; GLSTU; GLSTW, "Global Star"), a special purpose acquisition company, and K Enter Holdings Inc. (“K Enter”), a holding company with contracts to acquire six diversified entertainment operating companies based in Korea and engaged in the entertainment content and IP creation businesses, today announced the public filing of a registration statement on Form F-4 with the Securities and Exchange Commission (“SEC”). On June 15, 2023, K Enter entered into a definitive business combination agreement with Global Star.

Global Star Acquisition Inc. and K Enter Announce Public Filing of Registration Statement on Form F-4 in Connection with Proposed Business Combination

MCLEAN,VA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Global Star Acquisition Inc. (the “Company” or “Global Star”) (Nasdaq: GLST;GLSTU; GLSTW), a special purpose acquisition company, announced that its stockholders have approved an extension of the date by which the Company must consummate a business combination from September 22, 2023 to June 22, 2024 (or such earlier date as determined by the Company's board of directors) (the “Extension”) at the special meeting of stockholders held on August 22, 2023 (the “Special Meeting”). The Extension provides the Company with additional time to complete the previously announced proposed business combination (the “Transaction”) with K Enter Holdings Inc. (“K Enter”), a Delaware corporation.

Global Star Acquisition Inc. Announces Stockholder Approval of Extension of Deadline to Complete Business Combination

SEOUL, KOREA, and NEW YORK, NY, June 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Global Star Acquisition Inc. (NASDAQ: GLST;GLSTU; GLSTW, "Global Star"), a special purpose acquisition company (SPAC), led by CEO Anthony Ang, is thrilled to announce that it has entered into a merger agreement with K Enter Holdings Inc. (“K Enter”), a Delaware corporation.  K Enter holds contracts to acquire seven diversified entertainment operating companies based in Korea, engaged in the entertainment content and IP creation businesses (the “Seven Korean Entities”), and K Enter plans to consummate the acquisition of the Seven Korean Entities prior to the closing of the merger.

Global Star Acquisition Inc. Announces Merger With K Enter, a Diversified Korean Entertainment Company Valued at $610 Million

MCLEAN, VA, Jan. 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Global Star Acquisition, Inc. (Nasdaq: GLSTU) (the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, today announced that the Company appointed Argon Lam Chun Win and Jukka Rannila, the current directors of the Company, as members of the Compensation Committee of the Board (the “Compensation Committee”), and appointed Argon Lam Chun Win as a member of the Audit Committee of the Board (the “Audit Committee”).

Global Star Acquisition Inc. Appoints New Members to Audit Committee and Compensation Committee

MCLEAN, VA , Nov. 23, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Global Star Acquisition Inc.  (NASDAQ: GLSTU) (the “Company”) today announced that it received a deficiency letter (the “Notice”) on November 22, 2022 from the Listing Qualifications Department of The NASDAQ Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because it had not timely filed its Third Quarter Financials on Form 10-Q for the period ended September 30, 2022 (the “Form 10-Q”) with the SEC.

Global Star Acquisition Inc. Announces Receipt of NASDAQ Continued Listing Standard Notice

MCLEAN, VA, Nov. 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Global Star Acquisition, Inc. (Nasdaq: GLSTU) (the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, today announced that the Company accepted the resignation of former Director Kan Mun Wai Benny on November 15, 2022.  On November 15, 2022, the Company appointed Argon Lam Chun Win as a new independent member of its Board of Directors. With the acceptance of this resignation and appointment of the new director, the Company's Board will remain at eight (8) seats.

Global Star Acquisition Inc. Accepts Resignation and Appoints New Directors

Mclean, VA, Oct. 04, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Global Star Acquisition, Inc. (NASDAQ: GLSTU) (the “Company”) announced today that it has issued an additional 1,200,000 units consisting of one share of Class A common stock, one redeemable warrant, and one right to receive one-tenth (1/10) of one share of Class A common stock, at the public offering price of $10.00 per share, for total gross proceeds of approximately $12 million, pursuant to the exercise in full of the underwriters' over-allotment option in connection with the company's previously announced public offering. After giving effect to the full exercise of the over-allotment option, the total number of units issued by the Company in the public offering was 9,200,000 units and gross proceeds were approximately $92 million.

Global Star Acquisition, Inc. Announces Closing of Full Over-Allotment Option in Initial Public Offering

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