ALSA Stock — Alpha Star Acquisition Corp

Alpha Star Acquisition Corp (ALSA)

Updated October 16, 2026.

ALSA is a Stock. Total return is -94.1% over the past 4.7 years, 176.1 points behind SPY at 82.0%.

Alpha Star Acquisition Corporation is a blank-check company incorporated to identify and complete a merger or business combination with an operating company, with a stated focus on clean energy, internet and high technology, financial technology, health care, consumer and retail, energy and resources, manufacturing, and education sectors in Asia. The company does not currently distribute to shareholders. This structure appeals to investors seeking exposure to private companies before they go public, though it carries the risk that a suitable merger target may not be found or that the combination, once completed, may not meet investor expectations.

ALSA performance versus SPY

Price and return data through 2026-10-16.

Total return is -94.1% over the past 4.7 years, 176.1 points behind SPY at 82.0%. Over the past year its total return — price change plus distributions reinvested — is 22.3%. Its deepest 1-year drawdown was 11.2%.

ALSA key facts

Asset type

Stock

Asset class

Equity

Inception date

01/20/2022

Distribution frequency

None

Last close

$0.57 (as of 2026-10-16)

Market cap

$2,362,100

Average volume

10000.0

Beta

0.009

Payout ratio

0.0%

EPS

$-1.08

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ALSA risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.2%.

Who may consider ALSA — and who may not

It is a weaker fit for investors who need monthly cash flow (ALSA does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on ALSA

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Tagged: Financials.

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