{"success":true,"data":{"pressRelease":{"id":"150119","rtpr_id":"nGNXbmNHH2-20260922","ticker":"MSSAF","exchange":"OTC","all_tickers":["MSSAF","MSSWF"],"title":"Metal Sky Star Acquisition Corporation Announces Plan to Liquidate","author":"Globe Newswire","published_at":"2026-09-22T17:22:00.098Z","article_body":"NEW YORK, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Metal Sky Star Acquisition\nCorporation (the “Company”) today announced that it will not be able to\nconsummate an initial business combination by October 4, 2026, and pursuant to\nits Amended and Restated Memorandum and Articles of Association, the Company\nintends to liquidate promptly.\n\nIt is currently expected that public shareholders will receive approximately\n$16.41 per share from the trust account of the Company (i.e., after payment of\ntaxes and up to $50,000 of interest to pay dissolution expenses) on or about\nOctober 2, 2026. Beneficial owners of the Company’s ordinary shares held in\n“street name” will not need to take any action in order to receive the\nredemption amount. The Company’s sponsor waived its redemption rights with\nrespect to its outstanding founder shares and private placement shares. There\nwill be no liquidating distributions with respect to the Company’s rights\nand redeemable warrants.\n\nThe Company expects that the last day of trading of the Company’s ordinary\nshares, redeemable warrants and units (collectively, the “Securities”) on\nthe OTC Markets will be October 2, 2026.\n\nAbout Metal Sky Star Acquisition Corporation\n\nMetal Sky Star Acquisition Corporation is a blank check company incorporated\nin the Cayman Islands whose business purpose is to effect a merger, share\nexchange, asset acquisition, share purchase, recapitalization, reorganization\nor other similar business combination with one or more businesses or entities.\n\nForward-Looking Statements\n\nThis press release may include, and oral statements made from time to time by\nrepresentatives of the Company may include, “forward-looking statements”\nwithin the meaning of Section 27A of the Securities Act of 1933, as amended,\nand Section 21E of the Securities Exchange Act of 1934, as amended.\nStatements regarding possible business combinations and the financing thereof,\nand related matters, as well as all other statements other than statements of\nhistorical fact included in this press release are forward-looking statements.\nWhen used in this press release, words such as “anticipate,”\n“believe,” “continue,” “could,” “estimate,” “expect,”\n“intend,” “may,” “might,” “plan,” “possible,”\n“potential,” “predict,” “project,” “should,” “would” and\nsimilar expressions, as they relate to us or our management team, identify\nforward-looking statements. Such forward-looking statements are based on the\nbeliefs of management, as well as assumptions made by, and information\ncurrently available to, the Company’s management. Actual results could\ndiffer materially from those contemplated by the forward-looking statements as\na result of certain factors detailed in the Company’s filings with the SEC.\nAll subsequent written or oral forward-looking statements attributable to us\nor persons acting on our behalf are qualified in their entirety by this\nparagraph. Forward-looking statements are subject to numerous conditions, many\nof which are beyond the control of the Company, including those set forth in\nthe Risk Factors section of the Company’s registration statement and\nprospectus for the Company’s initial public offering filed with the SEC. The\nCompany undertakes no obligation to update these statements for revisions or\nchanges after the date of this release, except as required by law.\n\nContact\n\nWenxi He\nChief Executive Officer, Chief Financial Officer, and Director\n221 River Street, 9th Floor, Hoboken, New Jersey 07030\n201-721-8789\nEmail: olivia@metalskystar.com\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXbmNHH2-20260922","title":"Metal Sky Star Acquisition Corporation Announces Plan to Liquidate","author":"Globe Newswire","ticker":"MSSAF","created":"2026-09-22T17:22:00.098Z","tickers":["MSSAF","MSSWF"],"exchange":"OTC","article_body":"NEW YORK, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Metal Sky Star Acquisition\nCorporation (the “Company”) today announced that it will not be able to\nconsummate an initial business combination by October 4, 2026, and pursuant to\nits Amended and Restated Memorandum and Articles of Association, the Company\nintends to liquidate promptly.\n\nIt is currently expected that public shareholders will receive approximately\n$16.41 per share from the trust account of the Company (i.e., after payment of\ntaxes and up to $50,000 of interest to pay dissolution expenses) on or about\nOctober 2, 2026. Beneficial owners of the Company’s ordinary shares held in\n“street name” will not need to take any action in order to receive the\nredemption amount. The Company’s sponsor waived its redemption rights with\nrespect to its outstanding founder shares and private placement shares. There\nwill be no liquidating distributions with respect to the Company’s rights\nand redeemable warrants.\n\nThe Company expects that the last day of trading of the Company’s ordinary\nshares, redeemable warrants and units (collectively, the “Securities”) on\nthe OTC Markets will be October 2, 2026.\n\nAbout Metal Sky Star Acquisition Corporation\n\nMetal Sky Star Acquisition Corporation is a blank check company incorporated\nin the Cayman Islands whose business purpose is to effect a merger, share\nexchange, asset acquisition, share purchase, recapitalization, reorganization\nor other similar business combination with one or more businesses or entities.\n\nForward-Looking Statements\n\nThis press release may include, and oral statements made from time to time by\nrepresentatives of the Company may include, “forward-looking statements”\nwithin the meaning of Section 27A of the Securities Act of 1933, as amended,\nand Section 21E of the Securities Exchange Act of 1934, as amended.\nStatements regarding possible business combinations and the financing thereof,\nand related matters, as well as all other statements other than statements of\nhistorical fact included in this press release are forward-looking statements.\nWhen used in this press release, words such as “anticipate,”\n“believe,” “continue,” “could,” “estimate,” “expect,”\n“intend,” “may,” “might,” “plan,” “possible,”\n“potential,” “predict,” “project,” “should,” “would” and\nsimilar expressions, as they relate to us or our management team, identify\nforward-looking statements. Such forward-looking statements are based on the\nbeliefs of management, as well as assumptions made by, and information\ncurrently available to, the Company’s management. Actual results could\ndiffer materially from those contemplated by the forward-looking statements as\na result of certain factors detailed in the Company’s filings with the SEC.\nAll subsequent written or oral forward-looking statements attributable to us\nor persons acting on our behalf are qualified in their entirety by this\nparagraph. Forward-looking statements are subject to numerous conditions, many\nof which are beyond the control of the Company, including those set forth in\nthe Risk Factors section of the Company’s registration statement and\nprospectus for the Company’s initial public offering filed with the SEC. The\nCompany undertakes no obligation to update these statements for revisions or\nchanges after the date of this release, except as required by law.\n\nContact\n\nWenxi He\nChief Executive Officer, Chief Financial Officer, and Director\n221 River Street, 9th Floor, Hoboken, New Jersey 07030\n201-721-8789\nEmail: olivia@metalskystar.com\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-22T17:22:00.133864481Z","server_sent_at_ms":1790097720133},"received_at":"2026-09-22T17:22:00.218Z","source_url":null},"analysis":{"id":"138848","press_release_id":"150119","analysis_json":{"industry":null,"redFlags":["SPAC failed to find a target and is winding down","warrants and rights will be worthless upon liquidation","delisting from OTC Markets on or about October 2, 2026"],"eventType":"other","narrative":"Metal Sky Star Acquisition Corporation announced it will not consummate an initial business combination by its October 4, 2026 deadline and will liquidate promptly.\n\nPublic shareholders are expected to receive approximately $16.41 per share from the trust on or about October 2, 2026, with the last day of OTC trading the same day.\n\nRights and redeemable warrants will receive no liquidating distribution, and the sponsor waived redemption rights on founder and private placement shares.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"SPAC liquidation at ~$16.41 per share; warrants and rights go to zero."},"keyFigures":{"customDimensions":{"last_trading_day":"2026-10-02","redemption_per_share":"$16.41","trust_dissolution_expense_cap":"$50,000"}},"namedEntities":{"people":[{"name":"Wenxi He","role":"CEO, CFO, and Director"}],"products":[],"companies":[{"name":"Metal Sky Star Acquisition Corporation","ticker":"MSSAF","relationship":"filer"}],"dollarAmounts":[{"amount":"$16.41","context":"expected redemption per share from trust account"},{"amount":"$50,000","context":"cap on interest used to pay dissolution expenses"}]},"materialImpact":{"score":3,"reasoning":"SPAC failing to consummate a business combination by its deadline and proceeding to liquidate, delisting from OTC around October 2, 2026. Terminal event for the entity, though shareholders receive near-full trust redemption at ~$16.41 per share."},"tickerRelevance":{"others":[],"primary":"MSSAF"},"globalImportance":12,"audienceRelevance":5,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap SPAC","eventGravity":"liquidation/delisting","retailFavoriteBoost":0}},"event_type":"other","event_type_secondary":null,"sentiment":"bearish","material_impact_score":3,"narrative":"Metal Sky Star Acquisition Corporation announced it will not consummate an initial business combination by its October 4, 2026 deadline and will liquidate promptly.\n\nPublic shareholders are expected to receive approximately $16.41 per share from the trust on or about October 2, 2026, with the last day of OTC trading the same day.\n\nRights and redeemable warrants will receive no liquidating distribution, and the sponsor waived redemption rights on founder and private placement shares.","key_figures":{"customDimensions":{"last_trading_day":"2026-10-02","redemption_per_share":"$16.41","trust_dissolution_expense_cap":"$50,000"}},"named_entities":{"people":[{"name":"Wenxi He","role":"CEO, CFO, and Director"}],"products":[],"companies":[{"name":"Metal Sky Star Acquisition Corporation","ticker":"MSSAF","relationship":"filer"}],"dollarAmounts":[{"amount":"$16.41","context":"expected redemption per share from trust account"},{"amount":"$50,000","context":"cap on interest used to pay dissolution expenses"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-22T17:22:04.690Z","global_importance":12,"audience_relevance":5,"importance_components":{"tickerTier":"micro-cap SPAC","eventGravity":"liquidation/delisting","retailFavoriteBoost":0}},"durationMs":4463,"modelName":"glm-5.3-flashx"}}