- 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
- Apr 1, 2022
- Business
- Metal Sky Star Acquisition Corporation, a blank check company incorporated in the Cayman Islands in 2021 and headquartered in Hoboken, New Jersey, focuses on effecting mergers, share exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations with one or more businesses; it currently conducts no significant operations and holds cash in trust from its April 2022 initial public offering of units under ticker MSSAU on Nasdaq. The company targets opportunities across various industries without predefined geographic limitations. CEO Wenxi He leads operations from its U.S. base. In November 2024, Metal Sky Star entered a non-binding letter of intent to acquire all issued and outstanding shares of Fedilco Group Limited, a Cyprus-based entity holding an 80% equity interest in Viva Armenia Closed Joint-Stock Company, Armenia's leading telecom provider recognized for its extensive network reach and customer-centric innovations; the proposed transaction requires regulatory approvals from Armenian authorities and remains pending as of April 2025 updates amid de-SPAC complexities, including a nine-month shareholder-approved extension and a shift to OTC trading while pursuing Nasdaq relisting post-closing. Earlier, in October 2024, the company signed another non-binding LOI with Estonia-based Okidoki OÜ, a classifieds platform, though no further progress is reported; Nasdaq issued delisting notices related to delayed filings and failure to complete a business combination within mandated timelines, prompting ongoing extensions to facilitate the Fedilco pursuit. The structure includes redeemable units comprising one Class A ordinary share, one redeemable warrant and one right exercisable for additional shares upon a successful de-SPAC.