Cactus Acquisition Corp. 1 Ltd Files 8-K

Ticker: CTSUF · Form: 8-K · Filed: Apr 2, 2024 · CIK: 1865861

Cactus Acquisition CORP. 1 LTD 8-K Filing Summary
FieldDetail
CompanyCactus Acquisition CORP. 1 LTD (CTSUF)
Form Type8-K
Filed DateApr 2, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.0001, $11.50
Sentimentneutral

Sentiment: neutral

Topics: spac, filing, corporate-structure

TL;DR

Cactus Acquisition Corp. 1 Ltd filed an 8-K detailing its share structure and financial exhibits.

AI Summary

Cactus Acquisition Corp. 1 Limited, a blank check company, filed an 8-K on April 2, 2024, to report on its financial statements and exhibits. The filing details the company's structure, including Class A Ordinary Shares and Redeemable Warrants, and provides its business and mailing address in Cranbury, NJ.

Why It Matters

This filing provides an update on Cactus Acquisition Corp. 1 Ltd's corporate structure and financial reporting, which is important for investors tracking the company's progress towards a potential business combination.

Risk Assessment

Risk Level: low — This is a routine filing for a SPAC, providing standard corporate and financial information without announcing a specific business combination or significant event.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing for Cactus Acquisition Corp. 1 Ltd?

The primary purpose is to report on financial statements and exhibits, as indicated by the 'ITEM INFORMATION: Financial Statements and Exhibits' section.

What are the components of the units offered by Cactus Acquisition Corp. 1 Ltd?

The units consist of one Class A Ordinary Share and one-half of a Redeemable Warrant, as detailed in the filing.

What is the exercise price for the Redeemable Warrants?

Each warrant is exercisable for one Class A Ordinary Share at an exercise price of $11.50.

Where is Cactus Acquisition Corp. 1 Ltd's principal executive office located?

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

What is the SIC code for Cactus Acquisition Corp. 1 Ltd?

The Standard Industrial Classification (SIC) code is 6770, which corresponds to 'BLANK CHECKS'.

Filing Stats: 595 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-04-02 15:54:07

Key Financial Figures

Filing Documents

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): April 2, 2024 CACTUS ACQUISITION CORP. 1 LIMITED (Exact Name of Registrant as Specified in its Charter) Cayman Islands 001-40981 N/A (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 4B Cedar Brook Drive Cranbury , New Jersey 08512 (Address of Principal Executive Offices) (Zip Code) (609) 495-2222 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 of the registrant under any of the following provisions (see General Instruction A.2. below): 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 Units, each consisting of one Class A ordinary share and one-half redeemable warrant CCTSU The Nasdaq Stock Market LLC Class A ordinary shares, par value $0.0001 per share CCTS The Nasdaq Stock Market LLC Redeemable warrants, each warrant exercisable for one Class A ordinary share at an exercise price of $11.50 CCTSW The Nasdaq Stock Market LLC 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. Item7.01. Regulation FD Disclosure. April 2, 2024, Cactus Acquisition Corp. 1 Limited, a Cayman Islands exempted company (the " Company "), entered into a non-binding heads of agreement with Tembo e-LV B.V., a private company with limited liability ( besloten vennootschap met beperkte aansprakelijkheid ) incorporated under the laws of the Netherlands (" Tembo ") regarding a potential business combination transaction. Additionally, on April 2, 2024, the Company issued a press release, a copy of which is attached hereto as Exhibit 99.1. The information in this Item 7.01 of this Current Report on Form 8-K is being "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the " Exchange Act "), and shall not be incorporated or deemed to be incorporated by reference into any filing by the Company under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language contained in such filing, unless otherwise expressly stated in such filing. Item9.01. Financial Statements and Exhibits. EXHIBIT NO. DESCRIPTION 10.1 Press release dated April 2, 2024 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. CACTUS ACQUISITION CORP. 1 LIMITED By: /s/ Emmanuel Meyer Name: Emmanuel Meyer Title: Director Date: April 2, 2024

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