Recent Updates — CATLU
August 4, 2026View Source ↗
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.