Catalyst Partners Acquisition in a proxy filing called a Jan. 31 meeting for shareholders to vote on moving up the SPAC’s liquidation date to the day of the meeting. The current deadline is May 20.
If approved, share redemptions would also begin Jan. 31.
The per-share redemption price is expected to be $10.09 based on the SPAC’s roughly $349 million in trust.
The SPAC raised $400 million in a March 2021 IPO to target disruptive software companies. Read more.