Crown Lng Holding As agreed to acquire Catcha Investment Corp (NYSEAM:CHAA) for $600 million in reverse merger transaction on August 3, 2023. Catcha Investment Corp Shareholders will transfer their Company Stock to Crown in exchange for their Pro Rata Share of the Exchange Consideration, and the Exchange Consideration is a number of shares of Crown Common Stock issued by Crown equal to a Transaction Value of $600 million divided by a Per Share Price of $10.00. Catcha lavestment Corp (NYSE American: CHAA), a publicly traded special purpose acquisition company, today announced a definitive agreement for a business combination that would result in Crowa becoming a U.S. publicly listed company.

The combined company, named Crown LNG Holdings Limited intends to apply to list its shares on the New York Stock Exchange under the new ticker symbol "CGBS". After the close of the transaction, the existing Crown leadership team will remain in place. Under this method of accounting, Catcha will be treated as the ?acquired?

company for financial reporting purposes, and Crown will be the accounting ?acquirer.? This determination was primarily based on the assumption that Crown shareholders will hold the majority of the voting power. The transaction has been unanimously approved by the Boards of Directors of CHAA and Crown.

Completion of the proposed transaction is subject to customary closing conditions, and is anticipated to occur in the fourth quarter of 2023. On May 21, 2024, the parties to the Business Combination Agreement entered into that certain amendment to the Business Combination Agreement pursuant to which the parties agreed to extend the date on which the Business Combination Agreement may be terminated by the parties if the conditions to the Closing have not been satisfied or waived from May 17, 2024 to June 17, 2024. Cohen & Company Capital Markets acted as financial advisor to Catcha.

Emerging Asia Capital Partners Co Ltd ("EACP") serves as financial advisors to Crown. Goodwin Procter LLP serves as legal counsel to Catcha. Nelson Mullins Riley & Scarborough LLP serves as legal counsel to Crown.