{"url_path":"/sec/alsaf/8-k/2026-06-24/item-5-07","section_key":"item-5-07","section_title":"Item 5.07 Submission of Matters to a Vote of Security Holders.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-24","source_url":"https://www.sec.gov/Archives/edgar/data/1865111/0001493152-26-029938-index.html","accession_number":"0001493152-26-029938","cik":"0001865111","ticker":"ALSAF","issuer_name":"Alpha Star Acquisition Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1865111/0001493152-26-029938-index.html","primary_entity_key":"0001865111","primary_entity_name":"Alpha Star Acquisition Corp"},"word_count":683,"has_tables":true,"body_markdown":"** **\n\n**Item\n5.07 Submission of Matters to a Vote of Security Holders.**\n\n \n\nAt\nthe Extraordinary General\nMeeting held on June 24, 2026, there were 3,206,449 ordinary shares of Alpha Star Acquisition Corporation (“Alpha Star”)\npresent in person or represented by proxy, representing 99.36% of the outstanding ordinary shares of Alpha Star as of May 27, 2026, the\nrecord date for the Extraordinary General Meeting, and constituting a quorum for the transaction\nof business. At the Extraordinary General Meeting, each of the proposals described below was approved by the Company’s shareholders\nof record. The final results for the votes regarding each proposal are set forth in the following tables. Each of the proposals is described\nin detail in the Company’s Proxy Statement.\n\n \n\n**Proposal\n1 (Business Combination Proposal):**\n\n \n\nApproval\nand authorization of the Business Combination Agreement, dated as of September 12, 2024, by and among Alpha Star, Xdata Group, a Cayman\nIslands exempted company (“PubCo”), and OU XDATA GROUP, a company incorporated in Estonia (“XDATA”) (the “Business\nCombination Agreement”), a copy of which is attached to the proxy statement as Annex A, as amended by the Supplemental Agreement,\na copy of which is attached to the proxy statement as Annex A-1, and the transactions contemplated therein, including the business combination\nwhereby Alpha Star will merge with and into PubCo (the “Reincorporation Merger”), with PubCo surviving the Reincorporation\nMerger as the holding and listed company, and immediately thereafter and as part of the same overall transaction, PubCo (as the surviving\ncompany of the Reincorporation Merger) will acquire the shares, representing in the aggregate 100% (on an as-converted and fully diluted\nbasis) of the shares issued and outstanding, of XDATA, resulting in XDATA being a wholly owned subsidiary of PubCo, in exchange for a\ncertain number of shares of PubCo (the “Share Exchange,” together with the Reincorporation Merger, the “Business Combination”):\n\n \n\n  \nFor  \nAgainst  \nAbstain  \nBoker Non-Vote \n\nBusiness Combination Proposal \n 3,205,004  \n 0  \n 0  \n 1,445 \n\n \n\n**Proposal\n2 (Reincorporation Merger Proposal):**\n\n \n\nApproval\nand authorization of the Reincorporation Merger, the Plan of Merger, substantially in the form attached to the proxy statement as Annex\nD and any and all transactions provided for in the Plan of Merger:\n\n \n\n  \nFor  \nAgainst  \nAbstain  \nBoker\nNon-Vote \n\nReincorporation\nMerger Proposal \n 3,205,004  \n 0  \n 0  \n 1,445 \n\n** **\n\n**Proposal\n3 (Nasdaq Listing Proposal):**\n\n \n\nApproval\nof the issuance of securities in connection with the Business Combination in order to comply with Nasdaq Listing Rules 56535(a), (b)\nand (d):\n\n \n\n  \nFor  \nAgainst  \nAbstain  \nBoker Non-Vote \n\nNasdaq Listing Proposal \n 3,205,004  \n 0  \n 0  \n 1,445 \n\n** **\n\n**Proposal\n4 (Governance Proposal):**\n\n \n\nApproval\nand adoption of (i) the amended and restated memorandum and articles of association of PubCo in the form attached to the proxy statement\nas Annex B; and (ii) the new name by PubCo as “Xdata Group”:\n\n \n\n  \nFor  \nAgainst  \nAbstain  \nBoker Non-Vote \n\nGovernance Proposal \n 3,206,449  \n 0  \n 0  \n 0 \n\n \n\n \n\n \n\n** **\n\n**Proposal\n5 (Incentive Plan Proposal):**\n\n \n\nApproval\nof the adoption by PubCo, as the surviving entity of the Reincorporation Merger, of the Incentive Plan in the form attached to the proxy\nstatement as Annex C with effect from the closing of the Business Combination:\n\n \n\n \n \nFor\n \n \nAgainst\n \n \nAbstain\n \n \nBoker Non-Vote\n \n\nIncentive Plan Proposal\n \n \n3,205,004\n \n \n \n0\n \n \n \n0\n \n \n \n1,445\n \n\n \n\n**Proposal\n6 (Director Appointment Proposal):**\n\n \n\nApproval\nof the appointment of five (5) directors of PubCo, namely Roman Eloshvili, Panagiotis Georgiou, Patrick Swint, Cataldo Castagna and Ariel\nSergio Davidoff, assuming the Business Combination Proposal, the Reincorporation Merger Proposal and the Nasdaq Listing Proposal are\nall approved, effective upon the Closing:\n\n \n\n  \nFor  \nAgainst  \nAbstain  \nBroker\nNon-Vote \n\n01) Roman Eloshvili \n 3,205,004  \n 0  \n 0  \n 1,445 \n\n02) Panagiotis Georgiou \n 3,205,004  \n 0  \n 0  \n 1,445 \n\n03) Patrick Swint \n 3,205,004  \n 0  \n 0  \n 1,445 \n\n04) Cataldo Castagna \n 3,205,004  \n 0  \n 0  \n 1,445 \n\n05) Ariel Sergio Davidoff \n 3,205,004  \n 0  \n 0  \n 1,445 \n\n \n\n**Proposal\n7 (Adjournment Proposal):**\n\n \n\nAdjournment\nof the Extraordinary General Meeting to a later date or dates to permit further solicitation of proxies, if, based upon the tabulated\nvote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve the foregoing proposals or for such\nother reasons as may reasonably be determined by the chairman of the Extraordinary General Meeting:\n\n \n\n  \nFor  \nAgainst  \nAbstain  \nBoker Non-Vote \n\nAdjournment Proposal \n 3,206,449  \n 0  \n 0  \n 0"}