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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1615892	Axar Acquisition Corp.	AXAR	Blank Checks (6770)	471434549

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1620985	Yoav Wiegenfeld	1330 Avenue Of The Americas Sixth Floor New York NY 10019	Chief Acquisitions Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-01-26	1,189,565	$0.00	1,189,565	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Private Placement Warrants (Right to Buy)	Acquisiton	2017-01-26	1,310,000	$0.00	1,310,000	$12.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,310,000			No	4	P	Direct

Footnotes

Pursuant to the terms of the Securities Purchase Agreement, dated as of January 26, 2017, by and between the Reporting Person and Axar Master Fund Ltd. ("Axar"), the Reporting Person purchased such shares of Common Stock and Private Placement Warrants from Axar for an aggregate of $2.00 and, upon the closing of the Issuer's initial business combination, will pay to Axar an additional $200,000.00.
The Private Placement Warrants will become exercisable 30 days after the completion of the Issuer's initial business combination.
The Private Placement Warrants will expire five years after the date on which they first become exercisable, at 5:00 p.m., New York time, or earlier upon redemption or liquidation.