Axar Acquisition Corp.

Axar Acquisition Corp. (ticker: AUMA) is a blank check company sponsored by Axar Capital Management, a New York-based credit and special situations investment firm. The SPAC completed its initial public offering in 2016 and, as reflected in its 10-Q filed August 8, 2017, remained in the process of identifying a suitable business combination target with a strategic orientation toward the financial services sector. Axar Capital Management's deep background in credit and special situations investing shaped the vehicle's focus on financially complex or credit-intensive businesses. Sign up for full filing history, sponsor intelligence, and deal-stage tracking on SpacDesk to stay current on AUMA and the broader SPAC market.