{"url_path":"/sec/mssaf/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1882464/0001493152-26-023814-index.html","accession_number":"0001493152-26-023814","cik":"0001882464","ticker":"MSSAF","issuer_name":"Metal Sky Star Acquisition Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1882464/0001493152-26-023814-index.html","primary_entity_key":"0001882464","primary_entity_name":"Metal Sky Star Acquisition 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STATES**\n\n**SECURITIES\nAND EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n**FORM 10-Q**\n\n \n\n(Mark One)\n\n**☒\nQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe quarterly period ended March 31, 2026**\n\n \n\n**☐\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe transition period from to**\n\n \n\n**Commission\nFile No. 001-41344**\n\n \n\n**METAL\nSKY STAR ACQUISITION CORPORATION**\n\n(Exact\nname of registrant as specified in its charter)\n\n \n\n**Cayman\nIslands**\n \n**N/A**\n\n(State\nor other jurisdiction of\n\nincorporation or organization)\n \n(I.R.S.\nEmployer\n\nIdentification No.)\n\n \n\n**221\nRiver Street, 9th Floor,**\n\n**Hoboken,\nNew Jersey 07030**\n\n(Address\nof Principal Executive Offices, including zip code)\n\n \n\n**(201)\n721-8789**\n\n(Registrant’s\ntelephone number, including area code)\n\n \n\n**Not\nApplicable**\n\n(Former\nname, former address and former fiscal year, if changed since last report)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Act: None\n\n \n\n*The registrant’s units, ordinary shares, warrants and rights each\ntrade on the OTC Market under the trading symbols “MSSUF,” “MSSAF,” “MSSWF,” and “MSSRF.”\n\n \n\nIndicate\nby check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange\nAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)\nhas been subject to such filing requirements for the past 90 days. Yes ☐ No ☒\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant\nwas required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”\n“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge\naccelerated filer\n☐\n \nAccelerated\nfiler\n☐\n\nNon-accelerated\nfiler\n☒\n \nSmaller\nreporting company\n☒\n\n \n \n \nEmerging\nGrowth company\n☒\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐\n\n \n\nIndicate\nthe number of shares outstanding of each of the registrant’s classes of ordinary shares, as of the latest practicable date: As\nof May 13, 2026, there were 3,265,523\nordinary shares, par value $0.001,\nissued and outstanding.\n\n \n\n \n\n \n\n \n\n \n\n \n\n**METAL\nSKY STAR ACQUISITION CORPORATION**\n\n \n\n**FORM\n10-Q FOR THE QUARTER ENDED MARCH 31, 2026**\n\n \n\n**TABLE\nOF CONTENTS**\n\n \n\n \n**Page**\n\n**Part I. Financial Information**\n1\n\n[Item 1. Consolidated Financial Statements](#sq_002)\n1\n\n[Consolidated Balance Sheets (Unaudited)](#sq_003)\n1\n\n[Consolidated Statements of Operations (Unaudited)](#sq_004)\n2\n\n[Consolidated Statements of Changes in Shareholders’ Deficit (Unaudited)](#sq_005)\n3\n\n[Consolidated Statements of Cash Flows (Unaudited)](#sq_006)\n4\n\n[Notes to Unaudited Consolidated Financial Statements](#sq_007)\n5\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#sq_008)\n16\n\n[Item 3. Quantitative and Qualitative Disclosures Regarding Market Risk](#sq_009)\n21\n\n[Item 4. Controls and Procedures](#sq_010)\n21\n\n \n \n\n[**Part II. Other Information**](#sq_011)\n22\n\n[Item 1. Legal Proceedings](#sq_012)\n22\n\n[Item 1A. Risk Factors](#sq_013)\n22\n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#sq_014)\n22\n\n[Item 3. Defaults Upon Senior Securities](#sq_015)\n22\n\n[Item 4. Mine Safety Disclosures](#sq_016)\n22\n\n[Item 5. Other Information](#sq_017)\n22\n\n[Item 6. Exhibits](#sq_018)\n22\n\n \n \n\n**Part III. Signatures**\n23\n\n \n\ni\n\n \n\n \n\n**Part\nI. Financial Information**"}