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Global Star Acquisition, Inc.

Global Star Acquisition, Inc.

GLSTW
Global Star Acquisition, Inc.US flagNASDAQ Global Market
0.04
USD
+0.02
- -
118,136.00Market Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
1
-1
-1
Effective Tax Rate (%)
- -
- -
44.49
43.25
- -
247.6
Profit Margin (%)
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
1
-2
-5
-5
LT Debt
- -
- -
- -
- -
- -
- -
Total Equity
- -
- -
92
50
-4
-4
Return on Invested Capital (%)
- -
- -
-0.66
-1.65
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
1.46
- -
-1.42

Capital Structure

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
1
- -
1
Cash, Cash Equivalents & STI
1
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
6
5
5
Payables & Accruals
4
3
3
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-107.57%
Free Cash Flow
- -
- -
14.58%
Net Income, GAAP
- -
- -
-173.61%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Anthony Ang
Sector
Financial Services
Industry
Shell Companies
Address
1641 International Drive McLean VA United States of America 22102
CIK
0001922331
Website
globalstarspac.com
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Business
Global Star Acquisition, Inc. (GLSTW) operates as a blank check special purpose acquisition company with no significant ongoing operations; it focuses on effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses, primarily targeting opportunities in the fintech, proptech, Nordic region, and Asia Pacific entertainment sectors. Incorporated in 2019 and headquartered at 1641 International Drive, Unit 208, McLean, Virginia, United States, the company functions as a subsidiary of Global Star Acquisition 1 LLC and maintains a lean structure with minimal employees under CEO Anthony Ang (also referred to as Meng Huat Ang). It provides no core products or services beyond its SPAC vehicle for public listings via de-SPAC transactions. In a major development, Global Star completed a reverse merger with K Enter Holdings Inc. on May 13, 2025, following stockholder approval on February 3, 2025, and SEC effectiveness of the Form F-4 registration statement on December 31, 2024, resulting in the formation of K Wave Media Ltd. (trading as KWM and KWMWW on Nasdaq Global Market from May 14, 2025). The transaction, initially announced June 15, 2023, at a $610 million valuation (later adjusted to $590 million in March 2024), integrated K Enter's internal K-drama production team and contracts for six Korean entertainment companies including Play Company (IP merchandising), Solaire Partners (IP content private equity), Studio Anseilen (K-drama production), The LAMP, Bidangil Pictures, and Apeitda (K-movie production). Prior to closing, Global Star transitioned trading from Nasdaq to OTC Markets on March 14, 2025, amid compliance issues, and executed multiple trust extensions through 2024. K Wave Media, led interim by Executive Chairman and CEO Tan Chin Hwee, now targets global expansion of Korean entertainment content, IP, merchandising, and investments.