Close

Form 8-K Catalyst Partners Acquis For: Jun 29

July 7, 2022 6:01 AM EDT
0001848410 false 0001848410 2022-06-29 2022-06-29 0001848410 CPARU:UnitsEachConsistingOfOneClassAOrdinaryShare0.0001ParValueAndOnefifthOfOneRedeemableWarrantMember 2022-06-29 2022-06-29 0001848410 CPARU:ClassAOrdinarySharesIncludedAsPartOfUnitsMember 2022-06-29 2022-06-29 0001848410 us-gaap:WarrantMember 2022-06-29 2022-06-29 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 29, 2022

 

CATALYST PARTNERS ACQUISITION CORP.

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-40419   98-1583476
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

20 University Road
Cambridge, Massachusetts
02138
(Address of principal executive offices, including zip code)
   

(617) 234-7000
(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report) 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

 

¨     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-fifth of one redeemable warrant   CPARU   The Nasdaq Stock Market LLC
Class A Ordinary Shares included as part of the Units   CPAR   The Nasdaq Stock Market LLC
Redeemable warrants included as part of the Units, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50   CPARW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 8.01 Other Events

 

On June 29, 2022, Catalyst Partners Acquisition Corp. (the “Company”) and Goldman Sachs & Co. LLC (“Goldman Sachs”), as representative of the underwriters named in Schedule I to the Underwriting Agreement (the “Underwriting Agreement”), dated May 17, 2021, between the Company and Goldman Sachs & Co. LLC, entered into an agreement pursuant to which Goldman Sachs waived all rights to the Deferred Discount (as defined in the Underwriting Agreement). The Deferred Discount was for an amount of approximately $12 million and was owed upon consummation by the Company of an initial business combination. The Company continues to pursue an initial business combination but there is no assurance it will be able to consummate one.

 

   

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: July 6, 2022 CATALYST PARTNERS ACQUISITION CORP.
   
  By: /s/ James I. Cash
  Name: James I. Cash
  Title: Chief Executive Officer

 

   

 



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings