Every 10-Q that CACTUS ACQ CORP 1 LTD A (CCTSF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CCTSF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CCTSF filings page.
Cactus Acquisition Corp. 1 Ltd (CCTSF) reports that it remains a pre-revenue SPAC focused on completing a business combination with Tembo e-LV B.V. before its mandatory liquidation date of November 2, 2026, and has confidentially filed a Form F-4 that it plans to resubmit in the second half of 2026.
For the six months ended June 30, 2026, it incurred a net loss of $286,000 and had total assets of $789,000, including $652,000 in its trust account and only $131,000 of cash, against a working capital deficit of $3.262 million funded by sponsor and third-party promissory notes.
The company discloses that heavy reliance on short-term debt, significant shareholder redemptions that reduced trust assets, and limited cash outside the trust account raise substantial doubt about its ability to continue as a going concern, and it also reports a material weakness in internal control due to an insufficient number of qualified finance and accounting personnel.
Cactus Acquisition Corp. 1 Ltd (CCTSF), a Cayman Islands SPAC, reported a small balance sheet for the quarter ended March 31, 2026 while it continues pursuing a business combination with Tembo e‑LV B.V. Total assets were $677,000, including $647,000 in its trust account and $15,000 of operating cash, against $3.17 million of current liabilities, resulting in a working capital deficiency of about $3.14 million.
The company recorded a net loss of $168,000, compared with a $78,000 loss a year earlier, driven mainly by a sharp drop in trust interest income (to $6,000 from $95,000) after extensive shareholder redemptions that reduced trust assets. Trading in the securities moved from Nasdaq to the OTC market in November 2024. Cactus has extended its mandatory liquidation date to November 2, 2026 and is funding expenses through a sponsor loan and multiple high‑rate promissory notes, including $875,000 due to its sponsor and $1.148 million to third parties as of March 31, 2026, plus a subsequent $300,000 note in May 2026. Management discloses substantial doubt about the company’s ability to continue as a going concern and reports a material weakness in internal control due to insufficient qualified accounting staff, concluding that disclosure controls and procedures were not effective.
Cactus Acquisition Corp. 1 Ltd. (CCTSF) filed its quarterly report for the period ended September 30, 2025, showing it remains a pre-revenue SPAC focused on completing an initial business combination. The company reported a net loss of about $359,000 for the first nine months of 2025, as interest income of $283,000 from the trust account was more than offset by operating and financing costs.
At September 30, 2025, Cactus held $9.3 million in its trust account and had only $8,000 of cash outside the trust, with a working capital deficiency of about $2.7 million, and it disclosed substantial doubt about its ability to continue as a going concern. The SPAC has a signed Business Combination Agreement with Tembo e-LV B.V. and has financed ongoing costs through a sponsor loan of $836,000 and third-party promissory notes totaling $880,000. After repeated shareholder redemptions and a fourth extension of its deadline to November 2, 2026, only 52,239 publicly held Class A shares remain outstanding, and the stock now trades on the OTC market following a Nasdaq delisting.