Catalyst Acquisition Corp. priced its initial public offering of 20 million units at $10.00 per unit, raising $200 million. The units will begin trading on Nasdaq under the ticker CATLU on July 28, 2026, with each unit consisting of one Class A ordinary share and one right to receive one-seventh of a Class A ordinary share upon a business combination. Santander is the sole book-running manager and has a 45-day option to purchase up to 3 million additional units to cover over-allotments. The offering is expected to close on July 29, 2026, subject to customary conditions. Catalyst is a blank check company focused on traditional and digital media sectors, led by co-CEOs Steven P. Beeks and Nicolas A. van Dyk.
Banco Santander S.A.Santander is the sole book-running manager for the IPO, earning underwriting fees.