Cactus Acquisition Corp. 1 Ltd. Files 2024 10-K

Ticker: CTSUF · Form: 10-K · Filed: Apr 15, 2025 · CIK: 1865861

Cactus Acquisition CORP. 1 LTD 10-K Filing Summary
FieldDetail
CompanyCactus Acquisition CORP. 1 LTD (CTSUF)
Form Type10-K
Filed DateApr 15, 2025
Risk Levelmedium
Sentimentneutral

Sentiment: neutral

Topics: 10-K, SPAC, financials

TL;DR

Cactus Acquisition Corp. 1 Ltd. filed its 2024 10-K. Details on shares, warrants, and financials for year-end 2024.

AI Summary

Cactus Acquisition Corp. 1 Ltd. filed its 10-K for the fiscal year ending December 31, 2024. The company, incorporated in E9, is a blank check company operating in the Real Estate & Construction sector. Its principal executive offices are located at 4B Cedar Brook Drive, Cranbury, NJ. The filing details various share classes, including Class A Ordinary Shares and Redeemable Warrants, and covers financial data for the periods ending December 31, 2024, and December 31, 2023.

Why It Matters

This 10-K filing provides a comprehensive overview of Cactus Acquisition Corp. 1 Ltd.'s financial performance and corporate structure for the fiscal year 2024, crucial for investors assessing the company's status and future prospects.

Risk Assessment

Risk Level: medium — As a blank check company (SPAC), its primary risk is the successful completion of an acquisition within its specified timeframe, which is not detailed in this excerpt.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of Cactus Acquisition Corp. 1 Ltd.?

Cactus Acquisition Corp. 1 Ltd. is classified as a blank check company under SIC code 6770, indicating its primary purpose is to acquire or merge with another entity.

What are the key share classes mentioned in the filing?

The filing mentions Class Ordinary Shares, Redeemable Warrants (exercisable at $11.50), and Units (consisting of one Class Ordinary Share and one-half of a Redeemable Warrant).

What is the company's address?

The company's business and mailing address is 4B Cedar Brook Drive, Cranbury, NJ 08512.

What fiscal periods does this 10-K report on?

This 10-K report covers the fiscal year ending December 31, 2024, and includes comparative data for the fiscal year ending December 31, 2023.

What is the exercise price for the redeemable warrants?

The redeemable warrants are exercisable at an exercise price of $11.50 per Class Ordinary Share.

Filing Details

This Form 10-K (Form 10-K) was filed with the SEC on April 15, 2025 regarding Cactus Acquisition Corp. 1 Ltd (CTSUF).

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