Shooting Star Acquisition Corp. will look for acquisitions. Shooting Star Acquisition has filed for Initial Public Offering (IPO) of $250,000. Shooting Star also plans a private placement of upto $300,000. Shooting Star intends to use the net proceeds of the offering and the private Placement, together with the proceeds from the sale of the Common Shares of the Corporation prior to the Offering in the amount of $102,000 totalling $627,000 will be used to provide Shooting Star with the minimum funds with which to identify and evaluate assets or businesses for acquisition with a view to completing a Qualifying Transaction.