Catalyst Acquisition Corp. Closes $211.5M SPAC IPO, Including Partial Over-Allotment

summarizeSummary

Catalyst Acquisition Corp. closed its SPAC IPO on July 29, raising $200 million, plus a $2.7 million private placement. A partial over-allotment on August 4 added $11.5 million, bringing total gross proceeds to $211.5 million.

check_boxKey Events · Financing and Capital Events · CATLU

• IPO Closed at $10.00 per Unit

  On July 29, 2026, the company sold 20,000,000 units at $10.00 each, generating $200,000,000 in gross proceeds. Each unit consists of one Class A ordinary share and one right to receive 1/7 of a share upon a business combination.

• Private Placement Added $2.7M

  The sponsor purchased 270,000 private placement units at $10.00 each, contributing an additional $2,700,000 in gross proceeds.

• Partial Over-Allotment Exercised

  Exercising a partial over-allotment on August 4, 2026, the underwriter bought 1,150,000 additional units at $10.00 each, adding $11,500,000 in gross proceeds. Combined with the IPO, total proceeds reached $211,500,000.

• Trust Account Funded with $200M

  Of the proceeds, $200,000,000—including $6,000,000 in deferred underwriting commissions—was placed in a trust account, reserved for a future business combination or shareholder redemptions.

auto_awesomeAnalysis · CATLU · Real Estate & Construction

Marking its debut on public markets, Catalyst Acquisition Corp., a blank-check company, completed its initial public offering by selling 20 million units at $10 each, raising $200 million. Concurrently, the sponsor contributed $2.7 million through a private placement. Then, on August 4, the underwriter partially exercised the over-allotment option, adding 1.15 million units for another $11.5 million. Total gross proceeds reached $211.5 million, with $200 million placed in trust. This first public disclosure of the IPO closing starts the 24-month clock to find a business combination target.