Catcha Investment 2.0 registered with the SEC to offer 25 million units at $10 each. A unit consists of one Class A ordinary share and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
Catcha plans to target companies in the technology, digital media, financial technology, or digital services sectors across Asia Pacific, in particular Southeast Asia and Australia.
The SPAC is led by Chairman and CEO Patrick Grove, who founded Catcha Group in 1999. Since then he has founded and taken numerous companies from start up to IPO in Australia and Southeast Asia, including iProperty Group, iCar Asia and Frontier Digital Ventures.
His first Catcha SPAC raised $275 million in a February IPO.
The SPAC intends to apply for a listing on the NYSE under CHAB.U. Read more.
