Axar Acquisition Corp.

Axar Acquisition Corp. (Nasdaq: AXAR) is a blank check company that completed its initial public offering in 2016, targeting acquisition opportunities in the financial services sector. The SPAC is sponsored by Axar Capital Management, a New York-based credit-focused alternative asset management firm founded by Andrew Axelrod. The company filed an 8-K with the Securities and Exchange Commission on November 15, 2016, under accession number 0001144204-16-134568, reflecting a material event during its post-IPO search period. Axar Capital Management's background in distressed credit and special situations shaped the strategic focus of the vehicle. Investors and analysts seeking complete filing histories, sponsor profiles, and deal timelines for AXAR can access the full dataset by signing up at SpacDesk.