Tristar Acquisition I Corp. (TRIS.U) Prices $200M IPO


Tristar Acquisition I Corp. (TRIS.U) Prices $200M IPO

Oct 13, 2021 IPOs by Marlena Haddad

Tristar Acquisition I Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the New York Stock Exchange under the symbol “TRIS.U” Thursday, October 14.

The new SPAC intends to focus on businesses related to telecommunications, technology, or related businesses. Tristar I is led by CEO and Chairman William M. Mounger II, COO Cathy Martine-Dolecki, and CFO Timothy Dawson. Navigation Capital Partners, Inc. is a member of the Company’s sponsor group.

Total SPAC deal count for 2021 year-to-date is now 464. This offering is expected to close on Monday, October 18.

Wells Fargo Securities, LLC is acting as sole book-running manager and Loop Capital Markets LLC is acting as co-manager. DLA Piper LLP is serving as Issuer’s Counsel with Proskauer Rose LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.