- Business
- Metal Sky Star Acquisition Corporation (NASDAQ: MSSAW), a blank check company incorporated in the Cayman Islands in 2021 and headquartered at 221 River Street, 9th Floor, Hoboken, New Jersey, focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it currently conducts no significant operations and targets industries such as telecommunications, blockchain, and online classifieds without specified geographic limitations. The company offers no core products or services beyond its SPAC structure, including ordinary shares, units, rights, and warrants traded under tickers MSSA, MSSAU, MSSAR, and MSSAW. In recent developments, Metal Sky Star received a Nasdaq delisting notice in April 2025 for failing to complete an initial business combination within 36 months of its IPO, resulting in suspension of trading on April 9, 2025, and transition to the OTC market under MSSAF; it pursued but did not consummate mergers with Future Dao Group (bitcoin mining, announced April 2023), Fedilco Group (Viva Armenia telecom, letter of intent), and Okidoki OÜ (Estonian classifieds platform, non-binding LOI October 2024 valued at $120 million); shareholders approved multiple extensions, including a nine-month period in April 2025 and a proposed extension to January 2026, amid ongoing regulatory delays and filings for Q1-Q2 2025.