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UBS Group AG — Director's Dealing 2025
Feb 25, 2025
998_dirs_2025-02-25_92d44a19-efb6-4878-b996-b7ab336b1bf9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Global Star Acquisition Inc. (GLST)
CIK: 0001922331
Period of Report: 2025-02-21
Reporting Person: UBS Group AG (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-21 | Common Stock | S | 100 | $7.68 | Disposed | 9501 | Indirect |
Footnotes
F1: This Statement is filed jointly by UBS Group AG for the benefit and
on behalf of UBS Securities LLC
a wholly owned subsidiary of UBS Group
F2: UBS Group AG UBS,involuntarily became a 10 percent beneficial owner
of GLST shares through no affirmative act of UBS.
More specifically, a corporate action
undertaken outside of UBSs control
substantially reduced the issuers total
shares outstanding, thereby increasing the beneficial ownership
percentage of UBS s holding above the 10 percent threshold.
While UBS temporarily was
a 10 percent beneficial owner of GLST shares,
all transactions executed by UBS were sales,
resulting in no short swing profits.
F3: For complete transaction details, please refer to the file GLSTtable attached