# EDGAR Filing Document

**Accession Number:** 0001848410
**File Stem:** 0001104659-23-008684
**Filing Date:** 2023-1
**Character Count:** 26883
**Document Hash:** 97348cf5b9ab4982890785e0a66ab5c9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-008684.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001104659-23-008684

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20230131

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Material Modifications to Rights of Security Holders

**ITEM INFORMATION**: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Catalyst Partners Acquisition Corp.
- **CENTRAL INDEX KEY:** 0001848410
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40419
- **FILM NUMBER:** 23573386

**BUSINESS ADDRESS:**
- **STREET 1:** 20 UNIVERSITY ROAD, FOURTH FLOOR
- **CITY:** CAMBRIDGE
- **STATE:** MA
- **ZIP:** 02138
- **BUSINESS PHONE:** 617-234-7000

**MAIL ADDRESS:**
- **STREET 1:** 20 UNIVERSITY ROAD, FOURTH FLOOR
- **CITY:** CAMBRIDGE
- **STATE:** MA
- **ZIP:** 02138

?xml version="1.0" encoding="utf-8"?

**UNITED STATES **SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **January 31, 2023**

**CATALYST PARTNERS ACQUISITION CORP.**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Cayman Islands** | **001-40419** | **98-1583476** |
| (State or other jurisdiction of<br> incorporation) | (Commission File Number) | (IRS Employer <br> Identification No.) |

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| |
|:---|
| **20 University Road** **<br> Cambridge, Massachusetts 02138** |
| (Address of principal executive offices, including zip code) |
| Registrant's telephone number, including area code: **(617) 234-7000**<br>**Not Applicable**<br> (Former name or former address, if changed since last report)  |

---

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class**  | **Trading <br> Symbol(s)**  | **Name of each <br> exchange on which <br> registered**  |
| **Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-fifth of one redeemable warrant** | **CPARU** | **The Nasdaq Stock Market LLC** |
| **Class A Ordinary Shares included as part of the Units** | **CPAR** | **The Nasdaq Stock Market LLC** |
| **Redeemable warrants included as part of the Units, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50** | **CPARW** | **The Nasdaq Stock Market LLC** |

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻&nbsp;&nbsp;&nbsp;&nbsp; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻&nbsp;&nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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. ◻

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| | |
|:---|:---|
| **Item 1.01.** | **Entry into a Material Definitive Agreement.** |

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The information set forth in Item 3.03 of this Current Report on Form 8-K related to the Trust Amendment (as defined below) is incorporated herein by reference to the extent required.

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| | |
|:---|:---|
| **Item 3.03.** | **Material Modification to Rights of Security Holders.** |

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The information set forth in Items .5.03, 5.07 and 8.01 of this Current Report on Form 8-K is incorporated into this Item 3.03 to the extent required.

At the extraordinary general meeting of the shareholders of the Company held on January 31, 2023 (the "Shareholder Meeting") shareholders of the Company approved (i) an amendment (the "Charter Amendment") to the Company's Amended and Restated Memorandum and Articles of Association (the "Charter") to accelerate the date by which the Company must cease all operations, except for the purpose of winding up, if it fails to complete a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, from May 20, 2023 (the "Original Termination Date") to January 31, 2023 (the "Amended Termination Date") and (ii), an amendment (the "Trust Amendment") to the Investment Management Trust Agreement, dated May 17, 2021 (the "Trust Agreement"), by and between the Company and Continental Stock Transfer & Trust Company, as trustee, to accelerate the date on which Continental must commence liquidation of the trust account (the "Trust Account") established in connection with the Company's initial public offering to January 31, 2023.

The Charter Amendment became automatically effective with the approval of the Charter Amendment Proposal (as defined below) at the Shareholder Meeting. The foregoing descriptions of the Charter Amendment and the Trust Amendment do not purport to be complete and are qualified in their entirety by reference to Exhibits 3.1 and 10.1, respectively, which are incorporated herein by reference.

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| | |
|:---|:---|
| **Item 5.03.** | **Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.** |

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The information disclosed in Item 3.03 and in Item 5.07 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03 to the extent required. On January 31, 2023, the Company entered into the Charter Amendment. The Charter Amendment was approved by the Company's shareholders at the Shareholder Meeting, as further described in Item 5.07 below.

The foregoing description of the Amendment is not intended to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is attached as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.

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| | |
|:---|:---|
| **Item 5.07.** | **Submission of Matters to a Vote of Security Holders.** |

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On January 31, 2023, the Company convened the Shareholder Meeting virtually, solely with respect to the voting on proposals to: (i) amend the Company's Charter to accelerate the date by which the Company must cease all operations, except for the purpose of winding up, if it fails to complete a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination, from May 20, 2023 to January 31, 2023 (the "Charter Amendment Proposal"); and (ii) amend the Trust Agreement to accelerate on which Continental must commence the liquidation of the Trust Account to January 31, 2023 (the "Trust Amendment Proposal").

Holders of 35,741,263 ordinary shares of the Company held of record as of January 3, 2023, the record date for the Shareholder Meeting, were present in person or by proxy, representing approximately 79.58% of the voting power of the Company's ordinary shares as of the record date for the Extraordinary General Meeting, and constituting a quorum for the transaction of business.

The following is a brief description of the final voting results for each of the proposals submitted to a vote of the shareholders at the Shareholder Meeting on January 31, 2023.

*The Charter Amendment Proposal*

To amend the Company's Charter to accelerate the date by which the Company must cease all operations, except for the purpose of winding up, if it fails to complete a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination involving the Company, from May 20, 2023 to January 31, 2023.

The Charter Amendment Proposal was approved. The voting results of the Charter Amendment Proposal were as follows:

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| | | |
|:---|:---|:---|
| **For** | **Against** | **Abstain** |
| 35737670 | 2326 | 1267 |

---

 

*The Trust Amendment Proposal*

To amend the Trust Agreement, by and between the Company and Continental, pursuant to an amendment to the Trust Agreement in the form set forth in Annex A of the Proxy Statement, to accelerate the date on which Continental must commence liquidation of the Trust Account established in connection with the Company's initial public offering to January 31, 2023.

The Trust Amendment Proposal was approved. The voting results of the Trust Amendment Proposal were as follows:

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| | | |
|:---|:---|:---|
| **For** | **Against** | **Abstain** |
| 35737670 | 2226 | 1367 |

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| | |
|:---|:---|
| **Item 7.01.** | **Regulation FD Disclosure** |

---

On January 31, 2023, the Company issued a press release, a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein, announcing the approval by shareholders of the Charter Amendment Proposal and the Trust Amendment Proposal.

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act, except as shall be expressly set forth by reference in such a filing. Furthermore, the furnishing of information under Item 7.01 of this Current Report on Form 8-K is not intended to constitute a determination by the Company that the information contained herein, including the exhibits hereto, is material or that the dissemination of such information is required by Regulation FD.

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| | |
|:---|:---|
| **Item 8.01.** | **Other Events.** |

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*Liquidation of Trust Account* 

In connection with the vote to approve the Charter Amendment Proposal and the Trust Amendment Proposal, the holders of 33,068,170 Class A ordinary shares of the Company properly exercised their right (the "Voluntary Redemption") to redeem their shares for cash at a redemption price of approximately $10.18 per share, for an aggregate redemption amount of approximately $336,603,514.

Following the Shareholder Meeting, the Company notified Continental that it was winding up its business operations on January 31, 2023. Furthermore, in accordance with the Trust Agreement between Company and Continental, Company authorized Continental to liquidate all of the assets in the Trust Account and to transfer the total proceeds (less $100,000 of previously unreleased interest to pay dissolution expenses) to be distributed to the remaining public shareholders of the Company as promptly as reasonably possible and the Company's warrants will expire worthless. The Company estimates that the total amount in the trust account available for the redemption, after accounting for the account withdrawals for taxes and dissolution expenses and the Voluntary Redemption, will be approximately $13,153,619, and the per-share redemption amount will be approximately $10.18.

A copy of the press release issued by the Company announcing the liquidation of the Trust Account is attached hereto as Exhibit 99.1.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statement and Exhibits.** |

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(d) Exhibits

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [3.1](tm234940d1_ex3-1.htm) | [Amendment to the Amended and Restated Memorandum and Articles of Association of the Company](tm234940d1_ex3-1.htm) |
| [10.1](tm234940d1_ex10-1.htm) | [Amendment to the Investment Management Trust Agreement, dated January 31, 2023, by and between Catalyst Partners Acquisition Corp. and Continental Stock Transfer & Trust Company](tm234940d1_ex10-1.htm) |
| [99.1](tm234940d1_ex99-1.htm) | [Catalyst Partners Acquisition Corp., Press Release dated January 31, 2023](tm234940d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**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.

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| | | |
|:---|:---|:---|
|  | **CATALYST PARTNERS ACQUISITION CORP.** | **CATALYST PARTNERS ACQUISITION CORP.** |
|  | By: | /s/ Paul Fielding |
|  |  | Name: Paul Fielding |
|  |  | Title: Chief Operating Officer |
| Dated: January 31, 2023 |  |  |

---

## Exhibit 3.1

**Exhibit 3.1**

**AMENDMENT<br> TO THE**

**AMENDED AND RESTATED<br> MEMORANDUM AND ARTICLES OF ASSOCIATION<br> OF**

**CATALYST PARTNERS ACQUISITION CORP.**

**(the "Company")**

**RESOLUTIONS OF THE SHAREHOLDERS OF THE COMPANY**

RESOLVED, as a special resolution that, conditional upon the Company having net tangible assets of at least $5,000,001 after giving effect to any share redemptions in connection with this resolution pursuant to the existing Memorandum and Articles of Association of the Company, the existing Memorandum and Articles of Association of the Company be and are hereby amended by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) amending Article 49.7 by deleting the following introduction of such sub-section:

"In the event that the Company does not consummate a Business Combination within 24 months from the consummation of the IPO, or such later time as the Members may approve in accordance with the Articles, the Company shall:"

and replacing it with the following:

"In the event that the Company does not consummate a Business Combination by January 31, 2023, the Company shall:", and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) amending Article 49.8(a) by deleting the words: "within 24 months from the consummation of the IPO or such later time as the Members may approve in accordance with the Articles" and replacing them with the words:

"by January 31, 2023".

## Exhibit 10.1

**Exhibit 10.1**

**AMENDMENT TO INVESTMENT MANAGEMENT TRUST AGREEMENT**

THIS AMENDMENT TO INVESTMENT MANAGEMENT TRUST AGREEMENT (this **"Amendment Agreement"),** dated as of January 31, 2023, is made by and between Catalyst Partners Acquisition Corp., a Cayman Islands exempted company (the **"Company"),** and Computershare Trust Company, N.A., a federally chartered trust company (the **"Trustee"),** and amends that certain Investment Management Trust Agreement, effective as of May 17, 2021 (the **"Trust Agreement"),** by and between the Company and the Trustee. Capitalized terms used but not defined in this Amendment Agreement have the meanings assigned to such terms in the Trust Agreement.

WHEREAS, Section l(i) of the Trust Agreement provides that the Trustee is to liquidate the Trust Account and distribute the Property in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its franchise and income taxes (less up to $100,000 of interest to pay dissolution expenses), (x) upon receipt of, and only in accordance with, the terms of a Termination Letter in a form substantially similar to that attached to the Trust Agreement as Exhibit A or Exhibit B, as applicable, or (y) upon the date which is the later of (1) 24 months after the closing of the Offering and (2) such later date as may be approved by the Company's shareholders in accordance with the Company's amended and restated memorandum and articles of association, if a Termination Letter has not been received by the Trustee prior to such date, in which case the Trust Account shall be liquidated in accordance with the procedures set forth in the Termination Letter attached as Exhibit B and the Property in the Trust Account, shall be distributed to the Public Shareholders of record as of such date;

WHEREAS, Section 6(c) of the Trust Agreement provides that Section l(i) of the Trust Agreement may not be modified, amended or deleted without the affirmative vote of 65% of the then outstanding shares of the Company's Class A ordinary shares, par value $0.0001 per share (the ***"Class A Ordinary Shares")*** and Class A ordinary shares of the Company, par value $0.0001 per share (the ***"Class B Ordinary Shares"),*** voting together as a single class; and

WHEREAS, at a meeting of the shareholders of the Company held on or about the date hereof (the ***"Special Meeting"),*** at least 65° o of the voting power of all then outstanding shares of the Class A Ordinary Shares and the Company's Class B Ordinary Shares have voted to approve this Amendment Agreement;

WHEREAS, at the Special Meeting, the shareholders of the Company also voted to approve an amendment to its amended and restated memorandum and articles of association (such amendment, the ***"Charter Amendment),*** and

WHEREAS, each of the Company and the Trustee desires to amend the Trust Agreement as provided herein.

NOW, THEREFORE, in consideration of the mutual agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Amendment to the Trust Agreement.** Effective as of the execution hereof, Section l(i) of the Trust Agreement is hereby amended by deleting Section l(i) in its
entirety and inserting the following in lieu thereof:

Commence liquidation of the Trust Account only after and promptly after (x) receipt of, and only in accordance with, the terms of a letter from the Company ***("Termination Letter")*** in a form substantially similar to that attached hereto as either <u>Exhibit A</u> or <u>Exhibit B</u>. as applicable, signed on behalf of the Company by its Chief Executive Officer, Chief Financial Officer or other authorized officer of the Company, and complete the liquidation of the Trust Account and distribute the Property in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its franchise and income taxes (less up to $100,000 of interest to pay dissolution expenses), only as directed in the Termination Letter and the other documents referred to therein, or (y) January 31, 2023, if a Termination Letter has not been received by the Trustee prior to such date, in which case the Trust Account shall be liquidated in accordance with the procedures set forth in the Termination Letter attached as <u>Exhibit B</u> and the Property in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its franchise and income taxes (less up to $100,000 of interest to pay dissolution expenses), shall be distributed to the Public Shareholders of record as of such date; provided, however, that in the event the Trustee receives a Termination Letter in a form substantially similar to <u>Exhibit B</u> hereto, or if the Trustee begins to liquidate the Property because it has received no such Termination Letter by the date specified in <u>clause (y)</u> of this <u>Section l(i)</u>, the Trustee shall keep the Trust Account open until twelve (12) months following the date the Property has been distributed to the Public Shareholders. It is acknowledged and agreed that there should be no reduction in the principal amount per share initially deposited in the Trust Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Amendment to Exhibit B.** Effective as of the execution hereof, Exhibit B of the Trust Agreement
is hereby deleted and replaced in its entirety with <u>Exhibit B</u> attached hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** **No Further Amendment.** The parties hereto agree that except as provided in this Amendment
Agreement, the Trust Agreement shall continue unmodified, in full force and effect and constitute legal and binding obligations of all
parties thereto in accordance with its terms. This Amendment Agreement forms an integral and inseparable part of the Trust Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** **References.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All references to the **"Trust Agreement"** (including "hereof," "herein,"
 "hereunder," "hereby" and "this Agreement") in the Trust Agreement shall refer to the Trust Agreement
as amended by this Amendment Agreement. Notwithstanding the foregoing, references to the date of the Trust Agreement (as amended hereby)
and references in the Trust Agreement to "the date hereof," "the date of this Trust Agreement" and terms of similar
import shall in all instances continue to refer to May 17, 2021.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) All references to the "amended and restated memorandum and articles of association" in the Trust Agreement (as amended
by this Amendment Agreement) and terms of similar import shall mean the amended and restated memorandum and articles of association as
amended by the Charter Amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** **Other Miscellaneous Terms.** The provisions of Sections 6(d), 6(e), 6(g), 6(h), 6(i) and
6(j) of the Trust Agreement shall apply *mutatis mutandis* to this Amendment Agreement, as if set forth in full herein.

*[Signature Pages Follow]*

IN WITNESS WHEREOF, the parties hereto have caused this Amendment Agreement to be duly executed by their duly authorized representatives, all as of the day and year first above written.

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| | |
|:---|:---|
| **COMPUTERSHARE TRUST COMPANY, N.A., as Trustee** | **COMPUTERSHARE TRUST COMPANY, N.A., as Trustee** |
| By: | /s/ Francis Wolf |
|  | Name: Francis Wolf |
|  | Title: Vice President |
| **CATALYST PARTNERS ACQUISITION CORP.** | **CATALYST PARTNERS ACQUISITION CORP.** |
| By: | /s/ Paul Fielding |
|  | Name: Paul Fielding |
|  | Title: Chief Operating Officer |

---

[*Signature Page to Amendment No. 1 to Investment Management Trust Agreement*]

## Exhibit 99.1

**Exhibit 99.1**

**Catalyst Partners Acquisition Corp. Announces Liquidation**

**January 31, 2023 – Cambridge, MA –** Catalyst Partners Acquisition Corp. (the "Company") announced today that, due to its anticipated inability to consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association, the Company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Memorandum and Articles of Association and will redeem all of the ordinary shares outstanding, at a per share redemption price of approximately $10.18.

As of the close of business on January 31, 2023, the ordinary shares will be deemed cancelled and will represent only the right to receive the redemption amount.

In order to provide for the disbursement of funds from the trust account, the Company has instructed the trustee of the trust account to take all necessary actions to liquidate the trust account. The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the ordinary shares. Record holders may redeem their ordinary shares for their pro rata portion of the proceeds of the trust account by delivering their shares to Continental Stock Transfer & Trust Company, the Company's transfer agent. Beneficial owners of ordinary shares held in "street name," however, will not need to take any action in order to receive the redemption amount. The redemption of the ordinary shares is expected to be completed by February 6, 2023.

The Company's initial stockholders have waived their redemption rights with respect to its outstanding ordinary shares issued prior to the Company's initial public offering. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.

The Company expects that the Nasdaq Stock Market LLC will file a Form 25 with the United States Securities and Exchange Commission (the "SEC") to delist its securities. The Company thereafter expects to file a Form 15 with the SEC to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.

***About Catalyst Partners Acquisition Corp.***

Catalyst Partners Acquisition 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 business or entities.

***Cautionary Note Concerning Forward-Looking Statements***

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as "believes," "expects," "intends," "plans," "estimates," "assumes," "may," "should," "will," "seeks," or other similar expressions. Such statements may include, but are not limited to, statements regarding the impact of the Company's restatement of certain historical financial statements, the Company's cash position and cash held in the Trust Account and any proposed remediation measures with respect to identified material weaknesses. 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. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

***Contact***

Catalyst Partners Acquisition Corp.

Paul Fielding<br> pfielding@generalcatalyst.com