Catcha Investment Files for $250M IPO

IPO

Catcha Investment filed with the SEC to offer 25 milion units at $10 each to raise $250 million in an IPO.

The new SPAC in the filing said it would target companies with operations or prospective operations in the technology, digital media, financial technology, or digital services sectors across Asia Pacific, in particular Southeast Asia and Australia.

Catcha is led by Chairman and CEO Patrick Grove. Since founding Catcha Group in 1999, 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. 

The SPAC said it intends to apply for a NYSE listing but has not selected a trading symbol. Read more.

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