DLA Piper advises Tristar Acquisition I Corp. in US$200 million IPO

DLA Piper represented Tristar Acquisition I Corp. (NYSE:TRIS.U) in its initial public offering of 20,000,000 units at a price of $10 per unit. Each unit consists of one share of the company's Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share.

Tristar is a special purpose acquisition company (SPAC) that will focus on businesses related to telecommunications, technology or related businesses. DLA Piper also represented Navigation Capital Partners, Inc., a member of the company's sponsor group.

“It was a pleasure to advise Tristar in its IPO, bringing together our SPAC capabilities, knowledge of the tech sector and capital markets experience to deliver this transaction efficiently,” said Curtis Mo, the DLA Piper partner who led the firm’s deal team.

In addition to Mo (Silicon Valley), the DLA Piper team included partners Jeffrey Selman (San Francisco) and Kevin Bettsteller (Los Angeles) and associates Spencer Hodson (Sacramento) and Anton Ziajka (Silicon Valley).

DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.

DLA Piper's global Technology sector lawyers work across practice areas and offices to support technology clients – from startups to fast-growing and mid-market businesses to mature global enterprises – doing business around the world.