Catcha Investment 2.0 informed the SEC today that it is withdrawing an offering of 25 million units initially registered in March 2021.
Catcha had planned 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 2021 IPO.
Catcha 2.0 was planning to list on the NYSE with J.P. Morgan serving as sole book-runner. Read more.
