catcha 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 ipo to target companies with operations or prospective operations in the technology, digital media, financial technology, or digital services sectors across Asia Pacific, in particular Southeast Asia and Australia. Read more.