In a recent 8-K filing with the Securities and Exchange Commission, Tristar Acquisition I Corp., a special purpose acquisition company (SPAC), announced updates to its definitive proxy statement regarding the proposed business combination with Helport AI Limited. The amendment discloses an increase in the number of shares to be issued to Helport shareholders, from 27,757,156 to 30,280,768, in connection with the merger.
The proxy supplement, dated July 31, 2024, is in preparation for the upcoming extraordinary meeting scheduled for August 1, 2024, where shareholders will vote on the merger. Tristar clarified that there are no changes to the meeting's date, location, or the proposals to be voted on.
Additionally, Tristar has extended the deadline for shareholders to submit Class A ordinary shares for redemption in relation to the business combination to 5:00 p.m. Eastern Time on Wednesday, July 31, 2024. Shareholders who previously submitted redemption requests have the option to withdraw them before the meeting.
The filing also included forward-looking statements cautioning that actual results could differ materially from expectations due to various risks and uncertainties. These statements are not guarantees of future performance and are subject to factors outside of Tristar's control.
Tristar, based in Burlington (NYSE:BURL), MA, is listed on the New York Stock Exchange under the ticker symbols TRIS.U for its units, TRIS for its Class A ordinary shares, and TRIS.W for its warrants. The company is classified under the "Blank Checks" industry with a focus on real estate and construction.
The information provided in this article is based on the latest SEC filing by Tristar Acquisition I Corp.
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