Wall Street Zen upgraded shares of Catalyst Acquisition (NASDAQ:CATLU – Free Report) to a hold rating in a report released on Saturday.
Catalyst Acquisition Stock Performance
Shares of NASDAQ:CATLU opened at $9.98 on Friday. Catalyst Acquisition has a twelve month low of $9.96 and a twelve month high of $10.03.
Catalyst Acquisition Company Profile
Catalyst Acquisition is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Rather than conducting an ongoing commercial business, the company’s primary objective is to raise capital through an initial public offering and use those proceeds, together with other funding sources, to pursue a merger, acquisition, or similar transaction.
The company does not currently offer products or services of its own and has not established an operating business or defined geographic market.
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