UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 17, 2022
GLOBAL STAR ACQUISITION INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
001-41506 | 86-2508938 | |
(Commission File Number) | (IRS Employer Identification No.) |
1641 International Drive Unit 208
McLean, VA
22102
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code 703-790-0717
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class | Trading | Name of Each Exchange on Which Registered | ||
Units, each consisting of one share of Class A Common Stock and one Redeemable Warrant | GLSTU | The Nasdaq Stock Market LLC | ||
Class A Common Stock, $0.0001 par value per share | GLST | The Nasdaq Stock Market LLC | ||
Redeemable Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share | GLSTW | The Nasdaq Stock Market LLC | ||
Rights, exchangeable into one-tenth of one share of Class A common stock | GLSTR | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
EXPLANATORY NOTE
Global Acquisition Inc or the Company, is filing this Form 8-K, to update certain disclosures therein under Item 5.02.
GLOBAL STAR ACQUISITON INC. or the Company is filing this 8-K to
Item 5.02 | Departure of Directors or Principal Officers; Election of Directors: Appointment of Principal Officers. |
Resignation of Director
On October 24, 2022, Benny Kan resigned from the Board for personal reasons. Mr. Kan was an independent director and served on the Audit Committee of the Board. His resignation is effective November 15, 2022.
Appointment of Director
The Board named Argon Lam to serve as Director in the place of Mr. Kan. At the time, the Board has not determined the committee, if any, to which Mr. Lam would be named.
Item 7.01 | Regulation FD Disclosure |
On November 17, 2022, the Company issued a press release announcing the resignation of Mr. Kan from the Board and the appointment of new member Argon Lam to the Board. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.01.
Item 9.01. | Financial Statements and Exhibits. |
99.01 | Press Release dated November 17, 2022. | |
104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GLOBAL STAR ACQUISITION INC. | ||||||
Date: November 17, 2022 | By: | /s/ Anthony Ang | ||||
Anthony Ang | ||||||
Chief Executive Officer |