STOCK TITAN

Cactus Acquisition 1 Stock Price, News & Analysis

CCTSW NASDAQ

Company Description

Cactus Acquisition Corp 1 Ltd is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Led by Chairman Nachum (Homi) Shamir, CEO Ofer Gonen, and CFO Stephen T. Wills, the company focuses on pursuing business combinations with Israel-related technology-based healthcare companies. On October 30, 2023, the company announced several actions in anticipation of an extraordinary general meeting to be held on November 2, 2023, to extend the date by which it must consummate an initial business combination.

Stock Performance

$—
0.00%
0.00
Last updated:
- %
Performance 1 year
$0.0
Market Cap
0.0
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 (CCTSW)?

The current stock price of Cactus Acquisition 1 (CCTSW) is $0.072 as of February 7, 2025.

What is Cactus Acquisition Corp 1 Ltd?

Cactus Acquisition Corp 1 Ltd is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination.

Who leads Cactus Acquisition Corp 1 Ltd?

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

What was the recent announcement by Cactus Acquisition Corp 1 Ltd?

On October 30, 2023, the company announced several actions in anticipation of an extraordinary general meeting to extend the date by which it must consummate an initial business combination.

What type of businesses does Cactus Acquisition Corp 1 Ltd focus on?

The company focuses on pursuing business combinations with Israel-related technology-based healthcare companies.

When is the extraordinary general meeting of Cactus Acquisition Corp 1 Ltd?

The meeting is scheduled to be held on November 2, 2023.

Who are the participants in the solicitation of proxies for Cactus Acquisition Corp 1 Ltd?

The company, certain directors, executive officers, and other persons may be deemed participants in the solicitation of proxies from the company's shareholders.

Where can I find additional information about Cactus Acquisition Corp 1 Ltd?

Further information can be found in the Definitive Proxy Statement, which has been mailed to the company's shareholders and is available on the SEC's website.

What are the risks associated with Cactus Acquisition Corp 1 Ltd?

The company's forward-looking statements involve a number of risks and uncertainties that may cause actual results to differ significantly, as stated in the Definitive Proxy Statement.

Will the trust funds of Cactus Acquisition Corp 1 Ltd be used to pay excise taxes?

The company confirms that if the Extension is implemented, it will not withdraw any funds from the trust account to pay for the 1% excise tax that may become due under the IR Act.

What happens if a Contributor fails to make a Contribution by an applicable Contribution Date?

If a Contributor fails to make a Contribution by an applicable Contribution Date, the company will liquidate and dissolve as soon as practicable after such date in accordance with the Articles.