Catalyst Acquisition Prices $200M IPO at $10 per Unit
Catalyst Acquisition, a special purpose acquisition company (SPAC), priced its initial public offering (IPO) at $10.00 per unit, raising $200 million by selling 20 million units. The shares are set to begin trading on the Nasdaq under the ticker symbol CATLU starting July 28. Each IPO unit includes one Class A ordinary share and one additional component, typical of SPAC structures designed for future business combinations. This offering reflects continued investor interest in SPACs as a vehicle for potential mergers with private companies seeking public market access.
Topics: catalyst acquisition ipo nasdaq listing