Catcha Investment Corp announced a private placement to issue an unsecured convertible promissory note pursuant to which the Company may borrow up to for the gross proceeds of $141,620.04 on March 27, 2024. The notes can be converted into warrants to purchase Class A Ordinary Shares, at a conversion price equal to $1.50 per warrant, with each warrant entitling the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to the same adjustments applicable to the private placement warrants. The 2024 Extension Loan will not bear any interest, and will be repayable by the Company to the Sponsor, on a date that is the earlier of the consummation of the Company?s initial merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities and the liquidation of the Company.

The issuance of the 2024 Extension Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.