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.