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Helport AI (Tristar Acquisition I) Priced, NYSE: HPAI

Blank check company backed by Navigation Capital targeting a telecom and tech business (completed 8/2/2024).

Industry: SPAC

Latest Trade: $6.27 0.00 (0.0%)

First Day Return: -0.8%

Return from IPO: -37.3%

Industry: SPAC

We are a recently incorporated blank check company. While we may pursue an acquisition opportunity in any industry, sector or geography, we intend to target a telecommunications and technology oriented company. Our management team and board of directors possess a synergistic combination of executive, strategic, operational, financial and transactional experience, and have demonstrated a strong track record of identifying and creating significant stockholder value at a wide array of telecommunications, technology, consulting, healthcare, private equity, venture capital and agricultural companies. We believe that the experience and expertise of our team will make us an attractive partner to potential target businesses, enhance our ability to complete a successful business combination and bring value to the business following our initial business combination. In addition to management’s experience, our Sponsor has secured financial commitment from an affiliate of Navigation Capital Partners, which has previous experience across the full lifecycle of SPACs, from initial public offering to the de-SPAC business combination process.
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IPO Data
IPO File Date 04/02/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/13/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Wells Fargo Securities
Loop Capital Markets
Company Data
Headquarters Atlanta, GA, United States
Founded 2021
Employees at IPO 3
Website tristaracq.com

Helport AI (Tristar Acquisition I) (HPAI) Performance