Financing ·
Catalyst Acquisition Corp. consummated its initial public offering on July 29, 2026, selling 20,000,000 units at…
CATLUCatalyst Acquisition Corp.
Catalyst Acquisition Corp. consummated its initial public offering on July 29, 2026, selling 20,000,000 units at $10.00 per unit for gross proceeds of $200,000,000. Simultaneously, the company completed a private placement of 270,000 units to its sponsor for $2,700,000. On August 4, 2026, the underwriter partially exercised its over-allotment option, purchasing an additional 1,150,000 units and generating $11,500,000 in gross proceeds. A total of $200,000,000 from these offerings was deposited into a U.S.-based trust account. The company operates as a blank check company (SPAC) incorporated to effect a merger or business combination with one or more target businesses.