Golden Star Acquisition Makes Extension Deposit Under New Fee Reduction

Golden Star Acquisition in an 8-K said it deposited $106,068 into trust (2 cents a share) for a one-month extension into May. This is the thrid of 12 extensions available.

Shareholders earlier this week approved a reduction in the monthly deposit that the SPAC had requested, lowering the amount from $230,000. Redemptions of nearly $16.7 million removed about 18% of the SPAC’s trust.

Golden Star in September announced a merger agreement with Gamehaus, a mobile game publishing company, at a post-combination enterprise value of $500 million. Read more.

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