Tristar Acquisition I Corp.
TRIS-WT
New York Stock Exchange0.22
USD
+0.03
- -
CIK
0001852736
ISIN
KYG9074V1142
Return %
Stock
S&P500
1Y
163.41
18.21
3Y
214.41
64.38
5Y
214.41
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001852736
- Similar Companies
- Business
- Tristar Acquisition I Corp. (TRIS-WT) operates as a special purpose acquisition company focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses, primarily targeting telecommunications and technology-oriented sectors; it holds no significant independent operations beyond pursuing such transactions. Incorporated in 2021 and headquartered in Burlington, Massachusetts, the company completed a $200 million initial public offering in October 2021, raising proceeds placed in trust for deployment in a business combination. In August 2024, Tristar Acquisition I Corp. consummated a reverse merger with Helport Limited, an AI technology company providing software-as-a-service platforms and AI tools including Helport AI Assist for real-time intelligent guidance in customer engagement, AI-powered business process outsourcing services, and digital platforms connecting businesses to BPO providers; post-merger, the combined entity trades as Helport AI Limited (NASDAQ: HPAI) with operations across Asia, North America, and Southeast Asia, serving sectors such as fintech, telecom, finance, insurance, mortgage, and real estate. The business combination, initially announced via a definitive agreement in November 2023 valuing Helport at $350 million pre-merger, included a reduced $5.5 million PIPE investment concurrent with closing and aggregate gross proceeds of approximately $10.39 million from PIPE and convertible notes to support operations; shareholders approved the transaction on August 1, 2024, with common shares and warrants listing on Nasdaq under HPAI and HPAIW effective August 5, 2024. Recent developments include board changes in October 2025 with the appointment of Geoffrey Bonnycastle as independent director following Jun Ge's resignation, and fiscal year 2025 revenue growth of 18% year-over-year to $34.9 million driven by enterprise AI adoption.