Alpha Star Acquisition Corporation Signs LOI For Business Combination With XDATA GROUP
Portfolio Pulse from Benzinga Newsdesk
Alpha Star Acquisition Corporation (ALSA) has signed a Letter of Intent (LOI) for a business combination with XDATA GROUP. This move is expected to impact ALSA's stock in the short term.
June 24, 2024 | 1:11 pm
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Alpha Star Acquisition Corporation (ALSA) has signed a Letter of Intent (LOI) for a business combination with XDATA GROUP. This development is likely to influence ALSA's stock price in the short term.
The signing of an LOI for a business combination is a significant corporate event that typically influences investor sentiment and stock price. Given the nature of the news, ALSA's stock is likely to see positive movement in the short term.
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