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Catalyst Partners Acquisition Priced, Nasdaq: CPARU

Blank check company formed by General Catalyst targeting disruptive enterprise software (liquidated).

Industry: SPAC

First Day Return: -0.7%

Industry: SPAC

We are a newly organized blank check company. Our objective is to partner with a disruptive software business with demonstrated strong momentum, platform characteristics and multiple avenues of growth in a large addressable market with favorable secular trends, by leveraging the industry expertise, relationships and network of our management team, directors and sponsor, their experience building companies as founders, advisors, leaders and board members, and the capital raised in this offering. Beyond the core business objective to help acquire and take an enterprise software company public, our team and board of directors are united around a common goal: to invest in the next generation of Black entrepreneurship and leadership. Pursuant to this goal, Catalyst Partners Acquisition Corp. will contribute a portion of its sponsor economics to support the creation of a Catalyst Partners Foundation, a non-for-profit entity to champion initiatives supporting the economic empowerment and inclusion of underrepresented groups. Our sponsor is an affiliate of General Catalyst, a technology-focused investment firm with offices in San Francisco, Palo Alto, New York, and Boston, with approximately $7.5 billion raised in total subscriptions over 10 fund vintages.
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Catalyst Partners Acquisition (CPARU) Performance