Catcha Investment Corp. Redeema
CHAA-WT
New York Stock Exchange0.01
USD
- -
- -
CIK
0001838293
Return %
Stock
S&P500
1Y
-89.86
18.21
3Y
-89.86
64.38
5Y
-89.86
72.43
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001838293
- Similar Companies
- Business
- Catcha Investment Corp. (NYSE American: CHAA; warrants: CHAA-WT), also referred to as Catcha Investment Corp. Redeema in certain contexts, operates as a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands in 2020 and headquartered at 3 Raffles Place #06-01, Bharat Building, Singapore; the company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, targeting technology and new economy opportunities primarily in Southeast Asia and Australia. It raised $300 million in gross proceeds through its initial public offering of units in February 2021, each comprising one Class A ordinary share and one-third of a redeemable warrant, with funds held in a trust account for deployment in a qualifying business combination; public shareholders hold redemption rights for their Class A ordinary shares at the per-share trust value, approximately $11.49 as of May 2024 amid extensions, while founder shares held by sponsor Catcha Holdings LLC carry enhanced voting influence. Geographically, Catcha maintains operations centered in Singapore with a focus on Asian markets, sponsored by Catcha Group, an established internet investment firm founded in 1999. In July 2024, Catcha completed its previously announced business combination with Crown LNG Holding AS, a Norway-based developer of offshore LNG liquefaction and regasification terminals for harsh-weather locations, resulting in the formation of Crown LNG Holdings Limited (Nasdaq: CGBS, CGBSW), which assumed trading of the combined entity's shares and warrants while Catcha effectively merged into the new public entity; this transaction, approved by shareholders at an extraordinary general meeting on June 12, 2024, followed multiple amendments to the original August 2023 business combination agreement and extensions of the initial combination deadline from May 2024 up to August 2024 to satisfy regulatory and closing conditions. Prior to closing, the company pursued trust and articles amendments in May 2024 to facilitate the merger amid high redemptions and NYSE American listing compliance risks beyond the 36-month SPAC tenor, with total assets reported at $28.26 million including $3.48 million in current assets as of the latest filings. As of late 2025, CHAA-WT warrants reflect post-merger legacy status with limited liquidity and cash reserves indicated at a ratio of 0.00 relative to liabilities.