06:10 AM EDT, 03/27/2024 (MT Newswires) -- Global Star Acquisition ( GLST ) and K Enter Holdings said Tuesday that they filed a registration statement with the US Securities and Exchange Commission for their planned business combination through a transaction valued at $590 million.

The companies said the filing includes a preliminary prospectus for their proposed merger, which was announced in June 2023. They expect to close the transaction in Q2, with K Enter to become a public company listed on Nasdaq.