Catalyst Partners Acquisition in a proxy filing asks shareholders for permission to wind up operations ahead of the SPAC’s May 23 deadline. A precise date for the vote was not set in the preliminary proxy, but a placeholder indicates the meeting will take place in 2023, in other words, when the SPAC’s share redemptions may be subject to the 1% federal excise tax that goes into effect Jan. 1.
The SPAC raised $400 million in a March 2021 IPO to target disruptive software companies. Read more.
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