Catcha Investment Corp Announces Mandatory Unit Separation and Voluntary Delisting of Common Stock from NYSE, in Connection with Proposed Transfer of the Listing of its Class A Common Stock to NYSE American
March 17 2023 - 9:00AM
Business Wire
Catcha Investment Corp (NYSE: CHAA) (the "Company"), announced
today that effective before the open on March 28, 2023, the
Company's units, which trade under the ticker symbol "CHAA.U" will
be mandatorily separated and the units will no longer trade on the
New York Stock Exchange after that date. This is a mandatory and
automatic separation, and no action is required by the holders of
the units. Each unit consists of one share of Class A common stock
and one-third of one redeemable warrant to purchase one share of
Class A common stock. In the separation, unit holders will receive
shares of Class A common stock and warrants underlying their
units.
In addition, the Class A common stock, which trade under the
ticker symbol "CHAA" will be voluntarily delisted from the New York
Stock Exchange and will begin trading on NYSE American, effective
March 28, 2023. The separation of the units and the voluntary
delisting of the common stock is in connection with a proposed
transfer of the listing of its Class A common stock from the New
York Stock Exchange to NYSE American LLC ("NYSE American"), subject
to authorization by NYSE American. The Company anticipates
receiving such authorization on or around March 23, 2023, although
there can be no assurances that any approval will be received, and
further announcements will be made in due course.
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Cedric Lee Catcha Investment Corp cedric@catchagroup.com
Catcha Investment (NYSE:CHAA.U)
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