Catalyst Acquisition (NASDAQ:CATLU – Get Free Report) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a research report issued on Saturday.
Catalyst Acquisition Price Performance
Shares of NASDAQ:CATLU opened at $9.98 on Friday. Catalyst Acquisition has a 12-month low of $9.96 and a 12-month high of $10.03.
About Catalyst Acquisition
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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