Cactus Acquisition Corp. 1 Ltd. Files 8-K
Ticker: CTSUF · Form: 8-K · Filed: Jul 29, 2024 · CIK: 1865861
| Field | Detail |
|---|---|
| Company | Cactus Acquisition CORP. 1 LTD (CTSUF) |
| Form Type | 8-K |
| Filed Date | Jul 29, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, SPAC
TL;DR
Cactus Acquisition Corp. 1 Ltd. filed an 8-K on July 29, 2024, for a Regulation FD Disclosure.
AI Summary
Cactus Acquisition Corp. 1 Ltd. filed an 8-K on July 29, 2024, to report a Regulation FD Disclosure. The filing does not contain specific details about the nature of the disclosure, dollar amounts, or specific dates beyond the filing date itself. The company is incorporated in the Cayman Islands and its principal executive offices are located in Cranbury, New Jersey.
Why It Matters
This 8-K filing indicates a disclosure event by Cactus Acquisition Corp. 1 Ltd., which could be material information for investors.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for a Regulation FD disclosure and does not contain specific financial or operational details that would immediately indicate high risk.
Key Players & Entities
- Cactus Acquisition Corp. 1 Ltd. (company) — Registrant
- July 29, 2024 (date) — Date of earliest event reported
- Cayman Islands (jurisdiction) — State of incorporation
- Cranbury, New Jersey (location) — Address of Principal Executive Offices
FAQ
What is the specific nature of the Regulation FD Disclosure made by Cactus Acquisition Corp. 1 Ltd. on July 29, 2024?
The provided filing excerpt does not specify the details of the Regulation FD Disclosure, only that it was filed on July 29, 2024.
What are the primary business activities of Cactus Acquisition Corp. 1 Ltd.?
The filing lists the Standard Industrial Classification as 'BLANK CHECKS [6770] 05 Real Estate & Construction', suggesting it is a special purpose acquisition company (SPAC) potentially focused on real estate and construction.
Where are the principal executive offices of Cactus Acquisition Corp. 1 Ltd. located?
The principal executive offices are located at 4B Cedar Brook Drive, Cranbury, New Jersey 08512.
When was Cactus Acquisition Corp. 1 Ltd. incorporated?
The filing states the company is incorporated in the Cayman Islands, but the exact incorporation date is not provided in this excerpt.
What is the Commission File Number for Cactus Acquisition Corp. 1 Ltd.?
The Commission File Number for Cactus Acquisition Corp. 1 Ltd. is 001-40981.
Filing Stats: 1,291 words · 5 min read · ~4 pages · Grade level 15 · Accepted 2024-07-29 16:03:39
Key Financial Figures
- $0.0001 — LLC Class A ordinary shares, par value $0.0001 per share CCTS The Nasdaq Stock Mar
- $11.50 — ordinary share at an exercise price of $11.50 CCTSW The Nasdaq Stock Market LLC
Filing Documents
- ccts20240729_8k.htm (8-K) — 37KB
- 0001437749-24-023732.txt ( ) — 193KB
- ccts-20240729.xsd (EX-101.SCH) — 4KB
- ccts-20240729_def.xml (EX-101.DEF) — 14KB
- ccts-20240729_lab.xml (EX-101.LAB) — 18KB
- ccts-20240729_pre.xml (EX-101.PRE) — 14KB
- ccts20240729_8k_htm.xml (XML) — 6KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure July 29, 2024, Cactus Acquisition Corp. 1 Limited, a Cayman Islands exempted company (the "Company"), executed a one month extension to Aug 31, 2024 of its exclusive non-binding heads of agreement with Tembo e-LV B.V. ("Tembo"), a private company incorporated under the laws of the Netherlands and a subsidiary of VivoPower International PLC (Nasdaq: VVPR, "VivoPower"), regarding a potential business combination transaction. The extension is intended to provide additional time to finalize the definitive business combination agreement relating to the proposed transaction with Tembo as well as the completion of an independent fairness opinion. The Company entered into the non-binding heads of agreement with Tembo on April 2, 2024. 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.
Forward-Looking Statements
Forward-Looking Statements This communication includes certain statements that may constitute "forward-looking statements" for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on the Company's current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of the Company's business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in the Company's filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a