The Company (NASDAQ: GLSTU) is 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. The Company prioritized the Nordic region and Asia Pacific, especially Southeast Asia as its geographical focus. The Company is led by Anthony Ang, the Company’s Chairman and Chief Executive Officer, Nicholas Khoo, the Company’s Chief Operating Officer, and Shan Cui, the Company’s Chief Financial Officer.
Company profile
Ticker
GLST, GLSTR, GLSTW, GLSTU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
842508938
GLST stock data
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
21 Aug 24
10-Q
2024 Q2
Quarterly report
9 Aug 24
425
Business combination disclosure
31 Jul 24
8-K
Entry into a Material Definitive Agreement
31 Jul 24
425
Business combination disclosure
11 Jul 24
425
Business combination disclosure
24 Jun 24
8-K
Global Star Acquisition Inc. Confirms Funding to Extend Period to Complete Business Combination
24 Jun 24
425
Business combination disclosure
14 Jun 24
8-K
Entry into a Material Definitive Agreement
14 Jun 24
DEFA14A
Additional proxy soliciting materials
3 Jun 24
Latest ownership filings
SC 13G
WOLVERINE ASSET MANAGEMENT LLC
16 Oct 24
4/A
Change in insider ownership (amended)
28 Jun 24
4/A
Change in insider ownership (amended)
28 Jun 24
4
Change in insider ownership
28 Jun 24
3
Initial statement of insider ownership
26 Jun 24
4
Change in insider ownership
24 Jun 24
3
Initial statement of insider ownership
21 Jun 24
SC 13G/A
Karpus Management, Inc.
9 May 24
SC 13G/A
Shaolin Capital Management LLC
22 Feb 24
SC 13G
MIZUHO FINANCIAL GROUP INC
13 Feb 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.35 mm | 1.35 mm | 1.35 mm | 1.35 mm | 1.35 mm | 1.35 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 52.49 k | 78.37 k | 134.10 k |
Cash used (since last report) | n/a | n/a | n/a | 199.26 k | 297.49 k | 509.01 k |
Cash remaining | n/a | n/a | n/a | 1.15 mm | 1.06 mm | 844.52 k |
Runway (months of cash) | n/a | n/a | n/a | 22.0 | 13.5 | 6.3 |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 36 |
Opened positions | 32 |
Closed positions | 2 |
Increased positions | 1 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 19.90 bn |
Total shares | 14.56 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Mangrove Partners | 2.79 mm | $10.21 bn |
Polar Asset Management Partners | 1.50 mm | $111.56 mm |
Shaolin Capital Management | 1.15 mm | $78.62 mm |
Aristeia Capital | 1.00 mm | $74.38 mm |
Wolverine Asset Management | 882.42 k | $1.20 bn |
Space Summit Capital | 775.47 k | $0.00 |
Schechter Investment Advisors | 643.21 k | $37.82 mm |
Periscope Capital | 499.60 k | $43.27 mm |
CNH Partners | 475.78 k | $751.64 mm |
Walleye Capital | 472.84 k | $1.76 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 433 | 4.78 k | 21 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 1,697 | 18.75 k | 80 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 4,646 | 51.34 k | 10,580 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 17,239 | 190.49 k | 2,423 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 10,248 | 113.24 k | 13,426 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 14,756 | 163.05 k | 19,627 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 41,989 | 463.98 k | 2,379 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 83,992 | 928.11 k | 10,703 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 433 | 4.78 k | 21 |
26 Jun 24 | AQR Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 11.05 | 1,697 | 18.75 k | 80 |