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UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
August 22, 2023
CATCHA
INVESTMENT CORP
(Exact name of registrant as specified in its
charter)
Cayman Islands |
|
001-40061 |
|
98-1574476 |
(State or other jurisdiction of
incorporation or organization) |
|
(Commission File
Number) |
|
(I.R.S. Employer
Identification Number) |
Level 42, Suntec Tower Three
8 Temasek Blvd, Singapore |
|
038988 |
(Address of principal executive offices) |
|
(Zip Code) |
+65 6829-2294
Registrant’s telephone number, including
area code
Not Applicable
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
☐ | Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Class A Ordinary Shares, par value $0.0001 per share |
|
CHAA |
|
NYSE American LLC |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act.
Item 3.01 Notice of Delisting or Failure to
Satisfy a Continued Listing Rule or Standard; Transfer of Listing
On August 22, 2023, Catcha Investment Corp (the
“Company”) received a written notice (the “Notice”) from New York Stock Exchange Regulation, Inc. indicating that
the Company was not in compliance with NYSE American’s continued listing standards because the Company did not timely file its Quarterly
Report on Form 10-Q for the quarter June 30, 2023 (the “Form 10-Q”), which was due on August 21, 2023.
In accordance with Section 1007 of the NYSE American
Company Guide, the Company will have six months from the date of the Notice (the “Initial Cure Period”), to file the Form
10-Q with the Securities and Exchange Commission (the “SEC”). If the Company fails to file the Form 10-Q during the Initial
Cure Period, NYSE American LLC (the “Exchange”) may, in its sole discretion, provide an additional six-month cure period (the
“Additional Cure Period”). The Company can regain compliance with the Exchange’s continued listing standards at any
time during the Initial Cure Period or Additional Cure Period, as applicable, by filing the Form 10-Q and any subsequent delayed filings
with the SEC.
Reference is made to the Notification of Late
Filing on Form 12b-25 filed by the Company with the SEC on August 14, 2023 (the “Form 12b-25”) reporting that it required
additional time to complete the Form 10-Q. Although the Company has dedicated significant resources to the completion of finalizing its
consolidated financial statements and related disclosures for inclusion in the Form 10-Q, the Company was unable to file the Form 10-Q
prior to August 21, 2023, the extension period provided by the Form 12b-25. Additional time is needed by the Company to complete its review
of the financial statements included in the Form 10-Q in order to ensure a complete, accurate Form 10-Q. The Company intends to file the
Form 10-Q as soon as practicable and in any event within the above-referenced six-month period.
The Notice has no immediate effect on the listing
of the Company’s securities on the NYSE American. There can be no assurance, however, that the Company will be able to regain compliance
with the listing standards discussed above.
The Company issued a press release announcing
the foregoing, which press release is attached to this Current Report on Form 8-K as exhibit 99.1.
Item 9.01 Financial Statements and
Exhibits
(d) Exhibits.
Exhibit
No. |
|
Description |
99.1 |
|
Press release. |
104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: August 28, 2023
|
CATCHA INVESTMENT CORP |
|
|
|
|
By: |
/s/ Patrick Grove |
|
Name: |
Patrick Grove |
|
Title: |
Chairman and Chief Executive Officer |
2
Exhibit 99.1
Catcha Investment Corp Receives NYSE American
Notice Regarding Late Form 10-Q Filing
Singapore – August 28, 2023 – Catcha Investment
Corp (“Catcha” or the “Company”) (NYSE American: CHAA), announced today that New York Stock Exchange Regulation,
Inc., by letter dated August 22, 2023, notified the Company that it was not in compliance with NYSE American’s continued listing
standards (the “Notice”) because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter June 30,
2023 (the “Form 10-Q”), which was due on August 21, 2023.
In accordance with Section 1007 of the NYSE American Company Guide,
the Company will have six months from the date of the Notice (the “Initial Cure Period”), to file the Form 10-Q with the Securities
and Exchange Commission (the “SEC”). If the Company fails to file the Form 10-Q during the Initial Cure Period, NYSE American
LLC (the “Exchange”) may, in its sole discretion, provide an additional six-month cure period (the “Additional Cure
Period”). The Company can regain compliance with the Exchange’s continued listing standards at any time during the Initial
Cure Period or Additional Cure Period, as applicable, by filing the Form 10-Q and any subsequent delayed filings with the SEC.
On August 14, 2023, the Company filed a Notification of Late Filing
on Form 12b-25 (the “Form 12b-25”), indicating that the filing of its Form 10-Q will be delayed. Although the Company has
dedicated significant resources to the completion of finalizing its consolidated financial statements and related disclosures for inclusion
in the Form 10-Q, the Company was unable to file the Form 10-Q prior to August 21, 2023, the extension period provided by the Form 12b-25.
Additional time is needed by the Company to complete its review of the financial statements included in the Form 10-Q in order to ensure
a complete, accurate Form 10-Q. The Company intends to file the Form 10-Q as soon as practicable and in any event within the above-referenced
six-month period.
About Catcha Investment Corp
Catcha Investment Corp is a blank check company
formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination
with one or more businesses. While the Company may pursue an acquisition or a business combination target in any business, industry, or
geography, it intends to focus its search on a target with operations or prospective operations in the technology, digital media, financial
technology, or digital services sectors, which it refers to as the “new economy sectors”, across Asia Pacific, in particular
Southeast Asia and Australia.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. Certain of these forward-looking statements can be identified by the use of words
such as “believes,” “expects,” “plans,” “estimates,” “may,” “should,”
“will,” seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding
the Company’s ability to comply with SEC rules and the continued listing requirements of the NYSE American . These statements are
based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual
results to differ significantly. Such risks and uncertainties include, among others, the finalization of the Company’s 2023 second
quarter financial statements, the Company’s ability to continue as a going concern, and other factors discussed in the Company’s
Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and the Quarterly Report on Form 10-Q for the quarter ended March
31, 2023 filed with the SEC. For a description of such risks and uncertainties, please refer to the Company’s filings with the SEC
that are available at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the
date of this release, except as required by law.
Contacts
Catcha Investment Corp
Wai Kit Wong
Chief Financial Officer
kit@catchagroup.com
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