Axar Acquisition Corp. (Nasdaq: AUMA) was a blank-check company sponsored by Axar Capital Management, LP, a New York-based credit-focused alternative investment firm led by Andrew Axelrod. The company completed its initial public offering in 2016, targeting acquisitions in the financial services and credit sectors. The October 2016 Form 8-K filed with the SEC under accession number 0001144204-16-128037 reflects activity during the SPAC's search period. As a single-purpose acquisition vehicle, AUMA operated under standard SPAC structure with a defined window to identify and close a qualifying business combination. For complete filing history, deal timelines, and sponsor track-record data on Axar Acquisition Corp. and hundreds of other SPACs, sign up for full access at SpacDesk.