Catcha Amends Proxy with Sweeter Terms for a Deadline Extension

Investment in an amnded proxy filing said its sponsor will bump up deposits into trust if shareholders approve a deadline extension of up to 12 months from Feb. 17.

The new offer is a deposit of the lesser of $75,000 or 3.75 cents a share for each month required under the extension. Initial terms called for a deposit of either $70,000 or 3.5 cents a share, whichever was less.

The vote on the extension proposal is set for Feb. 14.

Catcha raised $275 million in a Februrary 2021 to target companies with operations or prospective operations in the technology, , financial technology, or digital services sectors across Asia Pacific, in particular Southeast Asia and Australia. Read more.

 


Source: Catcha Amends Proxy with Sweeter Terms for a Deadline Extension