Catalyst Acquisition Corp. completes $200 million IPO, places it in trust
Catalyst Acquisition Corp., a blank check company, closed its initial public offering of 20,000,000 units at $10.00 per unit on July 29, 2026, raising $200 million in gross proceeds, all of which was placed in a U.S. trust account. On August 4, 2026, the underwriter partially exercised its over-allotment option, buying 1,150,000 additional units for $11.5 million, and the company says it has not yet selected a business combination target.
Key points
- IPO of 20,000,000 units closed July 29, 2026 at $10.00 per unit, generating $200 million in gross proceeds
- $200 million placed in trust account with Continental Stock Transfer & Trust Company as trustee
- Partial over-allotment exercise on August 4, 2026: 1,150,000 units sold for $11.5 million
- Private placement of 270,000 units to the sponsor, Catalyst Sponsor LLC, for $2.7 million
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 August 04, 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.