Catalyst Acquisition Corp. closes $200 million IPO of 20 million units
Catalyst Acquisition Corp., a blank check company, closed its initial public offering of 20,000,000 units at $10.00 per unit, generating $200 million in gross proceeds. The full $200 million, including $6 million of deferred underwriting commissions, was placed in a U.S.-based trust account, and the company has 24 months from the IPO closing to complete an initial business combination or redeem public shares.
Key points
- 20,000,000 units sold at $10.00 each, or $200 million in gross proceeds; units began trading as CATLU on July 28, 2026.
- $200 million placed in trust, which includes $6 million of deferred underwriting commissions.
- 270,000 private placement units sold to Catalyst Sponsor LLC at $10.00 each, or $2.7 million.
- 24-month window from the IPO closing to complete an initial business combination; the underwriter has a 45-day option for up to 3,000,000 additional units.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.