other material
confidence high
sentiment neutral
materiality 0.75
Catalyst Acquisition Corp. closes $200M IPO of 20M units at $10.00/unit
Catalyst Acquisition Corp.
- Gross proceeds of $200M from 20M units; each unit consists of one Class A ordinary share and one right.
- Private placement of 270,000 units to sponsor Catalyst Sponsor LLC for $2.7M.
- Proceeds of $200M placed in trust account; 24-month window to complete initial business combination.
- Company to focus on traditional and digital media sectors, including video games, mobile gaming, and media platforms.
- Board appointed: Melvin D. Lindsey, Richard W. Cook, Christopher Heatherly; committees formed.