Axar Acquisition Corp. (Nasdaq: AXAR) was a blank-check company sponsored by Axar Capital Management, a New York-based credit-focused investment firm. The SPAC conducted its initial public offering in 2016, seeking acquisition targets broadly within the financial services and credit sectors. In October 2017, the company filed a Form 15-12B with the Securities and Exchange Commission, initiating the termination of its registration under Section 12(b) of the Securities Exchange Act, a step that typically accompanies a completed business combination or a voluntary deregistration from a national securities exchange. For complete filing history, sponsor profiles, and deal timelines on Axar Acquisition Corp. and thousands of other SPACs, sign up for full data access at SpacDesk.