Axar Acquisition Corp.

Axar Acquisition Corp. (Nasdaq: AXAR) is a blank-check company sponsored by Axar Capital Management, LP, the New York-based credit and special-situations investment firm founded by Andrew Axelrod. The company completed its initial public offering in 2016 and filed its annual report on Form 10-K with the Securities and Exchange Commission in March 2017, reflecting its first full fiscal year as a public entity. Consistent with its sponsor's credit-focused heritage, the SPAC targeted acquisition opportunities in the financial services and special-situations sectors. SpacDesk tracks AXAR's full filing history, deal timeline, and sponsor background — sign up at SpacDesk for complete data on this and hundreds of other SPAC transactions.