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Cactus Acquisition 1 Stock Price, News & Analysis

CCTSU NASDAQ

Company Description

Cactus Acquisition Corp. 1 Limited Unit (symbol: CCTSU) is a blank check company formed for the purpose of effecting a merger, share exchange, or business combination with a technology-based healthcare business in Israel. Led by Chairman Nachum (Homi) Shamir, CEO Ofer Gonen, and CFO Stephen T. Wills, the company focuses on Israel-related technology-based healthcare companies.

Stock Performance

$—
0.00%
0.00
Last updated:
9.56 %
Performance 1 year
$0.0
Market Cap
12.7M
Shares outstanding

SEC Filings

No SEC filings available for Cactus Acquisition 1.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Diluted EPS (TTM)
Operating Cash Flow
Net Profit Margin
Oper. Profit Margin

Upcoming Events

Frequently Asked Questions

What is the current stock price of Cactus Acquisition 1 (CCTSU)?

The current stock price of Cactus Acquisition 1 (CCTSU) is $11.49 as of February 7, 2025.

What is the purpose of Cactus Acquisition Corp. 1 Limited?

Cactus Acquisition Corp. 1 Limited is a blank check company formed to merge with a technology-based healthcare business in Israel.

Who are the key leaders at Cactus Acquisition Corp. 1 Limited?

The company is led by Chairman Nachum (Homi) Shamir, CEO Ofer Gonen, and CFO Stephen T. Wills.

What is the focus of Cactus Acquisition Corp. 1 Limited in terms of business combinations?

Cactus Acquisition Corp. 1 Limited focuses on Israel-related technology-based healthcare companies for potential mergers.

When is the extraordinary general meeting of Cactus Acquisition Corp. 1 Limited taking place?

The extraordinary general meeting is set for 9:00 a.m. Eastern Time on November 2, 2023.

What actions are being undertaken by Cactus Acquisition Corp. 1 Limited in preparation for the meeting?

The company is considering and voting on a proposal to extend the date for consummating an initial business combination.

What happens if a Contributor fails to make a required Contribution for Cactus Acquisition Corp. 1 Limited?

If a Contribution is not made by the specified date, the company will liquidate and dissolve according to its Articles.

How does Cactus Acquisition Corp. 1 Limited handle trust funds in relation to excise taxes?

The company will not withdraw trust funds to pay 1% excise tax due under the Inflation Reduction Act of 2022.

Where will trust funds be held if Cactus Acquisition Corp. 1 Limited chooses to liquidate government treasury obligations or money market funds?

The company plans to maintain funds in an interest-bearing demand deposit account at a national bank.

Are there any forward-looking statements associated with Cactus Acquisition Corp. 1 Limited?

The company may include statements regarding proposals, liquidation, and future tax liabilities, based on current expectations.

How can investors access more information about Cactus Acquisition Corp. 1 Limited and the upcoming meeting?

Investors can find relevant documents and details at the SEC's website or by contacting the company directly.