Announcement • Jul 23
Tristar Acquisition I Corp. announced that it has received $0.1 million in funding Tristar Acquisition I Corp. announced a private placement of unsecured promissory note for a principal amount of up to $100,000 on July 22, 2023. The transaction included participation from new lender, Chunyi (Charlie) Hao. The Note does not bear interest and mature upon the earlier of the closing of an initial business combination by the Company and the Company’s liquidation. The principal balance of this Note shall be due and payable in cash by the Maker on the earlier of, subject to Section 12 below, the date that Maker consummates the Maker’s initial business combination and the date of the liquidation of the Maker. Announcement • May 17
Tristar Acquisition I Corp. announced delayed 10-Q filing On 05/15/2024, Tristar Acquisition I Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Apr 26
Tristar Acquisition I Corp. Receives NYSE Notice Regarding Late Form 10-K Filing Tristar Acquisition I Corp. (‘Tristar’ or the ‘Company’) announced that, on April 17, 2024, it received a notice (the ‘NYSE Notice’) from the New York Stock Exchange (‘NYSE’) that the Company is not in compliance with NYSE's continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual, because the Company did not timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the ‘Form 10-K’) with the Securities and Exchange Commission (the ‘SEC’). The NYSE Notice has no immediate effect on the listing of the Company's ordinary shares on NYSE. The NYSE Notice informed the Company that, pursuant to NYSE rules, the Company has six months from April 16, 2024 to regain compliance with the NYSE listing standards by filing the Form 10-K with the SEC. NYSE further noted that, if the Company fails to file the Form 10-K within the six-month period, NYSE may grant, at its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The NYSE Notice also notes that NYSE may nevertheless commence delisting proceedings at any time if it deems that the circumstances warrant. As previously reported in the Company's Notification of Late Filing on Form 12b-25 filed with the SEC on April 2, 2024 (the ‘Form 12b-25’), the Company was unable to file the Form 10-K within the prescribed period without unreasonable effort or expense, because additional time is needed to finalize the financial statements for the fiscal year ended December 31, 2023. On April 18, 2024, the audit committee of the board of directors of the Company determined, after discussion with the Company's management and accounting professionals, that the Company's unaudited financial statements as of and for the three and nine-month period ended September 30, 2023, contained in the Company's Quarterly Report on Form 10-Q filed with the SEC on November 14, 2023 (the ‘Form 10-Q’) should no longer be relied upon due to the accounting errors identified therein and should be restated in an Amendment to Form 10-Q/A (the ‘Form 10-Q/A’). For more information on the accounting errors necessitating the restatement of the Form 10-Q, see the Company's Current Report on Form 8-K filed with the SEC on April 19, 2024. The Company is working diligently to complete the necessary work to finalize and file the Form 10-Q/A and Form 10-K as soon as practicable. It currently expects to file the Form 10-K within the six-month period granted by NYSE Notice; however, there can be no assurance that the Form 10-K will be filed within such period. 
