Axar Acquisition Corp.

Axar Acquisition Corp. (Nasdaq: AXAR) is a blank-check company sponsored by Axar Capital Management LP, the New York-based investment firm led by Andrew Axel. The vehicle completed its initial public offering in 2016 and filed an 8-K with the Securities and Exchange Commission on September 19, 2016, under accession number 0001144204-16-124452. Axar Acquisition Corp. was structured to pursue acquisition opportunities in the financial services sector, consistent with its sponsor's focus on credit and value-oriented strategies. The SPAC reflects the broader wave of blank-check vehicles that entered the market during the mid-2010s SPAC formation cycle. For full filing history, deal timeline, and sponsor analytics on Axar Acquisition Corp., sign up for complete data access at SpacDesk.