Catalyst Acquisition Corp. Announces Separate Trading of Shares and Rights

What Happened

• On September 15, 2026, Catalyst Acquisition Corp. announced that, beginning September 17, 2026, holders of the Units issued in its IPO may elect to separate their Units so the Class A ordinary shares and the associated Rights can trade separately on Nasdaq.
• Each Unit consists of one Class A ordinary share and one Right to receive one‑seventh (1/7) of a Class A share upon consummation of the Company’s initial business combination. No fractional Rights will be issued; only whole Rights will trade.
• Units that are not separated will continue to trade under the existing ticker CATLU. The Company expects the separated Class A ordinary shares to trade under “CATL” and the Rights to trade under “CATLR.” Holders must have their brokers contact Continental Stock Transfer & Trust Company (the transfer agent) to effect the separation.

Key Details

• Announcement date: September 15, 2026; separate trading effective: September 17, 2026.
• Unit composition: 1 Class A ordinary share + 1 Right (each Right = 1/7 of a share upon business combination).
• Trading tickers: unsplit Units remain “CATLU”; expected separated tickers “CATL” (shares) and “CATLR” (Rights).
• Separation process: broker must contact Continental Stock Transfer & Trust Company; fractional Rights will not be issued.

Why It Matters

• This action gives Unit holders the option to trade the underlying Class A shares and the Rights separately, providing greater flexibility for investors to hold or sell only the shares or only the Rights before a business combination.
• There is no change to the Company’s capital structure or the Rights’ conversion terms—only the trading format is changing. Investors who want separated instruments must coordinate with their broker and the transfer agent.