TRIS SEC filings, in plain English
Everything Tristar Acquisition I Corp. has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
What changed: Tristar Acquisition I Corp. filed its merger proxy for the business combination with Helport AI Limited under an agreement dated November 12, 2023, amended December 18, 2023, record date July 11, 2024. Assuming no shareholder redeems, pro forma Pubco ownership would be approximately 60.40% Helport shareholders, 23.08% Tristar public shareholders, 12.51% sponsor, 3.02% PIPE investors and 0.99% Helport convertible note holders. As of July 8, 2024 initial shareholders and insiders held 5,750,000 Class B ordinary shares, committed to vote in favour. Why it matters: The 23.08% public stake is a no-redemption figure the company itself calls unlikely to hold, so actual public ownership will be lower and the 12.51% sponsor slice, earned on founder shares bought for nominal consideration, will rise in relative terms as trust cash leaves. Founder shares carry a contractual commitment to vote in favour, so approval does not depend on public support. Holders choosing between redeeming at trust value and rolling into Pubco are effectively deciding whether a 60.40% Helport-controlled entity is worth more than cash in hand.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- not previously extracted2024-09-30
SpacBrain reads this as the agreement may be terminated from 2024-09-30.
The clause …“to the Closing set forth in ARTICLE VIII have not been satisfied or waived by September 30, 2024 (the “ Outside Date ”); provided , that if Purchaser seeks and receives an Extension, Purchaser shall have the right by providing written”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2023-11-14trust $235.9M → $116.8M -50%
trust account, redeemable shares, combination deadline +21 moved · 4 with no prior record of ours
- Trust account
- $235.9M$116.8M
- Redeemable shares
- not previously extracted10.6M
- Combination deadline
- 2024-10-18 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $205Knot matched in this filing
SpacBrain reads this as $119,126,691 left the trust between the two filings.
The clause …“Prepaid expenses 221,547 217,255 Total current assets 445,516 653,572 Cash held in trust account 116,806,805 115,166,848 TOTAL ASSETS $ 117,252,321 $ 115,820,420 LIABILITIES AND SHAREHOLDERS' DEFICIT CURRENT LIABILITIES: Accounts”…
The clause …“of uncertain future events. As of March 31, 2024 and December 31, 2023, 10,608,802 Class A Ordinary Shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ deficit”…
The clause “(1) month as needed, on a month-to-month basis, up to twelve (12) times, until October 18, 2024 (the “Extension”), and (ii) remove the limitation that the Company may not redeem Public Shares to the extent that such redemption would”…
The clause “14-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” Management has determined that the mandatory liquidation, should a Business Combination not occur within the Combination Period, approval for”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2023-03-09trust $235.9M → $235.9M -0%deadline 2023-07-18 → 2024-10-18
trust account, combination deadline, sponsor loans outstanding +32 moved · 4 with no prior record of ours
- Trust account
- $235.9M$235.9M
- Combination deadline
- 2023-07-182024-10-18
- Sponsor loans outstanding
- not previously extracted$205K
- Going-concern doubt
- stated · unchanged
- Mandate language
- we intend to target a telecommunications and technology orie…not matched in this filing
- Redeemable shares
- 23.0Mnot matched in this filing
SpacBrain reads this as $450 left the trust between the two filings.
The clause …“As of December 31, 2022 Level 1 Level 2 Level 3 Total Assets: Investments held in Trust Account $ 235,933,496 $ — $ — $ 235,933,496 Total $ 235,933,496 $ — $ — $ 235,933,496 On November 9, 2023, the Company instructed Continental,”…
SpacBrain reads this as 458 days later than the previous record.
The clause …“stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses on or before October 18, 2024. The Company entered into a business combination agreement with a business”…
The clause …“paying these monthly fees. As of June 30, 2023 and December 31, 2022, we owed the Prior Sponsor $204,516 and $144,516, respectively, under the Administrative Support Agreement. However, on June 30, 2023, in connection with the”…
The clause …“fund our search and to complete our initial Business Combination; · there is substantial doubt about our ability to continue as a “going concern”; and · we have identified material weaknesses in our internal control over financial”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.