Cactus Acquisition Corp. 1 Ltd. Files Proxy Statement

TL;DR

Cactus Acquisition Corp. 1 Ltd. filed its proxy statement. No fee required.

AI Summary

Cactus Acquisition Corp. 1 Ltd. filed a Definitive Proxy Statement (DEF 14A) on October 21, 2024, for its fiscal year ending December 31, 2024. The company, a blank check company in the real estate and construction sector, is headquartered in Cranbury, NJ. The filing indicates no fee was required for this statement.

Why It Matters

This filing provides shareholders with important information regarding the company's governance and upcoming decisions, allowing them to make informed voting choices.

Risk Assessment

Risk Level: low — This is a routine proxy filing for a special purpose acquisition company (SPAC) and does not contain new material financial or operational information.

Key Numbers

• 20241021 — Filing Date (The date the proxy statement was filed with the SEC.)
• 20241101 — Period of Report (The period this proxy statement pertains to.)

Key Players & Entities

• Cactus Acquisition Corp. 1 Ltd. (company) — Registrant
• 609-495-2222 (dollar_amount) — Business Phone Number

FAQ

Key Financial Figures

• $11.64 — the Trust Account will be approximately $11.64 at the time of the Meeting. The closing
• $11.50 — q Global Market on October 15, 2024 was $11.50. Accordingly, if the market price were
• $0.14 m — lic shareholder receiving approximately $0.14 more for each share as such shareholder w
• $8,500 — ay the Solicitation Agent approximately $8,500 in connection with such services for th
• $25,000 — s ") for an aggregate purchase price of $25,000. Prior to the initial investment in the
• $25,000 b — he initial investment in the Company of $25,000 by our Original Sponsor, the Company had
• $10.00 — he Public Units were sold at a price of $10.00 per unit, generating gross proceeds to
• $126,500,000 — rating gross proceeds to the Company of $126,500,000 at closing. Substantially concurrent w
• $1.50 — Original Sponsor at a purchase price of $1.50 per Private Warrant, generating aggrega
• $7,300,000 — generating aggregate gross proceeds of $7,300,000 for the Company. Following the closing,
• $129,030,000 — ng the closing, we deposited a total of $129,030,000 in a trust account (the " Trust Account
• $10 — s at a price per share of approximately $10.48, (ii) an additional 204,178 Public S
• $132.6 million — count significantly, from approximately $132.6 million immediately prior to the Initial Extens
• $22.22 million — tial Extension Meeting to approximately $22.22 million as of October 15, 2024. Those redemptio

Filing Documents

• ccts20241021_def14a.htm (DEF 14A) — 319KB
• logo.jpg (GRAPHIC) — 14KB
• 0001437749-24-031645.txt ( ) — 339KB

RISK FACTORS

RISK FACTORS 12 BACKGROUND 15 THE MEETING 16 PROPOSAL NO. 1:THE ARTICLES EXTENSION PROPOSAL 23 UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS FOR SHAREHOLDERS EXERCISING REDEMPTION RIGHTS PROPOSAL NO. 2: THE ADJOURNMENT PROPOSAL 25

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 26 WHERE YOU CAN FIND MORE INFORMATION 28 ANNEX A - PROPOSED AMENDMENT TO THE AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION A-1 ANNEX B - PROPOSED AMENDMENT TO INVESTMENT MANAGEMENT TRUST AGREEMENT B-1 PROXY CARD i CACTUS ACQUISITION CORP. 1 LIMITED PROXY STATEMENT FOR AN EXTRAORDINARY GENERAL MEETING IN LIEU OF AN ANNUAL GENERAL MEETING OF THE COMPANY To be held at 04:30 p.m. Eastern Time on November 1, 2024 The information provided in the Questions and Answers below are only summaries of the matters they discuss. They do not contain all of the information that may be important to you. You should read carefully the entire document, including the annexes to this proxy statement. QUESTIONS AND ANSWERS ABOUT THE SHAREHOLDER MEETING Why am I receiving this proxy statement? This proxy statement of Cactus Acquisition Corp. 1 Limited (the " Company, " " Cactus ," " we " or " us ") and the enclosed proxy card are being sent to you in connection with the solicitation of proxies by our board of directors (the " Board ") for use at an extraordinary general meeting in lieu of an annual general meeting of the Company (the " Meeting "), or at any adjournments or postponements thereof. This proxy statement summarizes the information that you need to make an informed decision on the proposals to be considered at the Meeting. We are a blank check company formed on April 19, 2021 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (our " initial business combination "). Our sponsor was Cactus Healthcare Management LP, a Delaware limited partnership, which we refer to herein as our " Original Sponsor ". Prior to our initial public offering (the " IPO "), our Original Sponsor purchased an aggregate of 2,875,000 Class B o

View Full Filing

View this DEF 14A filing on SEC EDGAR