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Tristar Acquisition I Corp. (NYSE: TRIS.U) has successfully completed its initial public offering, raising $200 million by selling 20 million units at $10 each. Each unit comprises one share of Class A common stock and a half warrant, with each warrant allowing the purchase of an additional share at $11.50. This SPAC aims to target businesses in the telecommunications and technology sectors. DLA Piper, which represented Tristar, highlighted its expertise in capital markets and the tech industry to facilitate this transaction.
