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Cactus Acquisition Corp. 1 Limited Unit - $CCTSU STOCK NEWS

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Rhea-AI Summary
Cactus Acquisition Corp. 1 Limited (Nasdaq: CCTS) announces actions in anticipation of an extraordinary general meeting to consider extending the date for an initial business combination. The company's sponsor will make monthly contributions to the trust account if the extension is approved. The contributions will be repaid upon the completion of a business combination. The company confirms that it will not withdraw funds from the trust account to pay for the 1% excise tax on redemptions. If liquidated, the funds will be held in an interest-bearing demand deposit account.
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Cactus Acquisition Corp. 1 Limited Unit

Nasdaq:CCTSU

CCTSU Rankings

CCTSU Stock Data

806.90k
0.02%
Shell Companies
Financial Services
Link
United States of America
CRANBURY

About CCTSU

we are a company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with a technology-based healthcare business domiciled in israel, or that carries out a substantial portion of its activities in israel, or that has some other significant israeli connection