Axar Acquisition Corp.

Axar Acquisition Corp. (Nasdaq: AXAR) is a special purpose acquisition company sponsored by Axar Capital Management, a New York-based investment firm focused on credit and special situations strategies. The blank check company completed its initial public offering in 2016 and was seeking a merger or acquisition target in the financial services and specialty finance space. As reflected in its 10-Q filing with the SEC dated May 8, 2017, the company remained in its search phase at that time, evaluating potential business combination candidates. Axar Capital Management brings a credit-oriented investment perspective to the sponsor role, shaping the SPAC's target sector focus. Visit SpacDesk and sign up for full data, filings history, and deal analytics on AXAR and hundreds of other SPACs.