Axar Acquisition Corp.

Axar Acquisition Corp. (ticker: AUMA), sponsored by Axar Capital Management, was a blank check company that completed its initial public offering in 2016. The New York-based sponsor, known for its expertise in credit and distressed investing, structured the vehicle to pursue acquisitions in the financial services sector. The company filed its annual 10-K report with the Securities and Exchange Commission in March 2017, at which point it remained in its search phase for a qualifying business combination target. For comprehensive filing history, deal data, and sponsor profiles on AUMA and hundreds of other SPACs, sign up for full access at SpacDesk.