Metal Sky Star Acquisition Corporation
MSSA
NASDAQ Global Market11.50
USD
- -
- -
CIK
0001882464
ISIN
KYG6053N1051
CUSIP
G6053N105
Return %
Stock
S&P500
1Y
1.41
18.21
3Y
16.75
64.38
5Y
17.23
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Wenxi He
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 132 West 31st Street New York City NY United States of America 10001
- IPO Date
- May 31, 2022
- CIK
- 0001882464
- Similar Companies
- Business
- Metal Sky Star Acquisition Corporation (NASDAQ: MSSA; OTC: MSSA.F) is a blank-check company focused on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Incorporated in 2021 and headquartered at 221 River Street, 9th Floor, Hoboken, New Jersey, the company has no significant current operations and generates no revenue; its activities center on identifying suitable targets across industries without geographic restrictions. Core activities encompass evaluating prospective acquisition candidates, conducting due diligence, negotiating transaction structures, and pursuing public listings for targets through de-SPAC transactions. The company targets businesses with revenue growth potential via product development, production expansion, cost efficiencies, and follow-on acquisitions, leveraging management expertise in operational improvements and U.S. capital markets access. Previous merger efforts include a definitive agreement in April 2023 with Future Dao Group Holding Limited, a Cayman Islands-based blockchain and bitcoin mining firm, which was mutually terminated; non-binding letters of intent in September 2024 with Okidoki OÜ, Estonia's leading classifieds platform valued at $120 million equity, and in November 2024 with Fedilco Group Limited, Cyprus-based holder of an 80% stake in Viva Armenia CJSC, Armenia's dominant telecom operator with over 2.3 million subscribers, 529 roaming partners, and 61% active subscriber market share. In recent major developments, Metal Sky Star received Nasdaq delisting notices in 2024-2025 for delayed SEC filings, insufficient public holders, and failure to complete an initial business combination within the 36-month post-IPO timeframe, resulting in trading suspension effective April 9, 2025, and transition to OTC Markets under the same tickers while maintaining SEC reporting status. Shareholders approved multiple trust extensions, including a nine-month period in April 2025 and deposits through early 2025, with the company pursuing regulatory approvals for telecom-related deals amid de-SPAC complexities. As of late 2025, no business combination has closed, with ongoing efforts to finalize a transaction before potential liquidation deadlines around January 2026.
Metal Sky Star Acquisition Corporation Announces Receipt of Letter from Nasdaq Regarding Failure to Complete Initial Business Combination
Metal Sky Star Acquisition Corporation Announces LOI with Fedilco Group Limited
Metal Sky Star Acquisition Company Announces LOI with Fedilco Group Limited
Metal Sky Star Acquisition Corporation Announces Receipt of Additional Determination from Nasdaq Regarding Delayed Filing and Public Holders Deficiencies
Metal Sky Star Acquisition Corporation Announces Receipt of Notice from Nasdaq Regarding Delayed Filings and Failure to Close One Or More Business Combinations
Metal Sky Star Acquisition Corporation Announces Receipt of Notice from Nasdaq Regarding Filing of Annual Report on Form 10-K