Golden Star Acquisition Corporation Unit

GODNU

Market cap $22.4M

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Golden Star Acquisition Corporation (NASDAQ: GODN) (the “Company” or “Golden Star”) announced today that, on March 6, 2024, it filed a supplement (the “Supplement”) to the definitive proxy statement dated February 7, 2024 (together with the additional proxy statement supplements and annexes, the “Proxy Statement”) with the U.S. Securities and Exchange Commission (the “Commission”), to amend the monthly fee payable by the sponsor of the Company and/or its designee into the trust account to extend the date by which the Company must consummate its initial business combination as proposed in the original Proposal 1 to the extraordinary general meeting of shareholders to be held originally on February 27, 2024, from an amount equal to the lesser of (i) $50,000 for all outstanding Public Shares and (ii) $0.033 for each outstanding Public Share as proposed in the original filing, to an amount (the “Amended Monthly Extension Fee”) equal to the lesser of (i) $75,000 and (ii) $0.033 for each outstanding Public Share.