Catalyst Acquisition Corp. Closes $200 Million IPO on Nasdaq

New York, New York, USA - Catalyst Acquisition Corp. (NASDAQ: CATLU) has officially announced the successful closing of its initial public offering (IPO), securing $200 million in gross proceeds. The company issued 20 million units at a price of $10.00 per unit.

The offering, which commenced trading on The Nasdaq Stock Market LLC on July 28, 2026, includes a structure involving Class A ordinary shares and rights. Specifically, each unit consists of one Class A ordinary share and one right. Each right provides the holder the entitlement to receive one-seventh of one Class A ordinary share once an initial business combination is successfully completed.

Transaction Details

• Gross Proceeds: $200 million.
• Unit Structure: One Class A ordinary share plus one-seventh of one right.
• Underwriting: Santander acted as the sole book-running manager for the offering.
• Over-allotment: The company has granted the underwriter a 45-day option to purchase up to 3 million additional units to cover over-allotments.

The company, a blank check entity incorporated in the Cayman Islands, intends to leverage these proceeds to pursue a business combination across various sectors, with a strategic focus on traditional and digital media, including mobile gaming, video game companies, and media platforms.