Item 8: Other Events.

On January 14, 2022, Alpha Star Acquisition Corporation, a Cayman Islands corporation (the "Company") announced that the holders of the Company's units (the "Units") may elect to separately trade the underlying securities of the units. The underlying securities are ordinary shares (the "Ordinary Shares"), rights and redeemable warrants which will commence separate trading on Tuesday, January 18, 2022.

Those Units not separated will continue to trade on the Global tier of the Nasdaq Stock Market ("Nasdaq") under the symbol "ALSAU".

The ordinary shares, rights and redeemable warrants that are separated will trade on Nasdaq under the symbols "ALSA", "ALSAR", "ALSAW," respectively. Holders of units will need to have their securities brokers contact Vstock Transfer LLC, the Company's transfer agent, in order to separate the units into ordinary shares, rights and redeemable warrants.

As previously announced, on December 15, 2021, the Company consummated its initial public offering of 11,500,000 units (the "Units"), including the underwriters exercise in full of the over-allotment option for an additional 1,500,000 Units. Each Unit consists of one ordinary share, par value $0.001 per ordinary share ("Share"), one redeemable warrant ("Warrant") entitling its holder to purchase one-half (1/2) of one Share at a price of $11.50 per Share, and one right to receive one-seventh (1/7) of one Share upon the consummation of the Company's initial business combination. The units were initially offered by the Company in an underwritten offering through Ladenburg Thalmann & Co. Inc., which acted as the lead book running manager for the offering and as the representative of the underwriters in the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC acted as co-manager of the offering.

Copies of the registration statement and final prospectus can be accessed through the SEC's website at www.sec.gov.

On Friday, January 14, 2022, the Company issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing the split of trading of the Units.

Item 9.01. Financial Statements and Exhibits.





 (d) Exhibits

The following exhibits are being filed herewith:





Exhibit No.                  Description
99.1            Press Release, dated January 14, 2022




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