Axar Acquisition Corp.

Axar Acquisition Corp. (Nasdaq: AXAR) is a blank-check special purpose acquisition company sponsored by Axar Capital Management LP, the New York-based credit-focused investment firm led by Andrew Axelrod. The company completed its initial public offering in 2015 and targeted acquisition opportunities in financial services and related sectors. The 10-Q filed with the SEC on August 8, 2017 reflects the company's ongoing search for a business combination target during its operational window as a publicly traded SPAC. Axar Capital Management brings a deep credit investing background to its sponsor role. For complete filing history, deal timelines, and institutional data on AXAR and thousands of other SPAC transactions, sign up for full access at SpacDesk.