Catalyst Partners Acquisition Corp.
CPARW
NASDAQ Capital Market0.00
USD
+0.00
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Catalyst Partners Acquisition Corp.
CPARW
(NASDAQ Capital Market)
Recent
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0.00
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Catalyst Partners Acquisition Corp. was established in 2021 as a blank check company, or Special Purpose Acquisition Company (SPAC), headquartered in Cambridge, Massachusetts. The entity's primary objective was to facilitate a merger, share exchange, asset acquisition, or similar business combination with an operating company. While not strictly confined to one sector, the company particularly focused its search on innovative businesses within the enterprise software domain, including areas like cybersecurity, data and analytics, next-generation infrastructure, application software, and financial technology. However, due to its inability to finalize an initial business combination within the stipulated timeframe, Catalyst Partners Acquisition Corp. announced its dissolution and liquidation, effective January 31, 2023. At that time, ordinary shares were redeemed for approximately $10.18 per share, while the associated warrants, traded under CPARW, expired without value. The company's securities were subsequently delisted from Nasdaq.