Cactus Acquisition Corp. 1 (CCTSF) independent director steps down from board
Rhea-AI Filing Summary
Cactus Acquisition Corp. 1 Limited reported that independent director Rainer Michael resigned from the company’s Board of Directors effective December 28, 2025. The company states that his resignation was due to personal reasons and was not the result of any disagreement with the company on its operations, policies, practices, accounting principles, financial statement disclosure, or internal controls. The filing is a governance update rather than a financial or strategic transaction.
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FAQ
What did Cactus Acquisition Corp. 1 Limited (CCTSF) disclose in this filing?
The company disclosed that independent director Rainer Michael resigned from its Board of Directors, effective December 28, 2025, citing personal reasons.
Why did director Rainer Michael resign from Cactus Acquisition Corp. 1 Limited (CCTSF)?
The filing states that Rainer Michael resigned for personal reasons and that his decision did not result from any disagreement with the company.
Did the CCTSF director resignation involve any disagreement with the company?
No. The company reports that the resignation did not arise from any disagreement regarding operations, policies, practices, accounting principles, financial statement disclosure, or internal controls.
When was the Cactus Acquisition Corp. 1 Limited board resignation effective?
The resignation of independent director Rainer Michael was effective December 28, 2025, according to the disclosure.
Who signed the Cactus Acquisition Corp. 1 Limited (CCTSF) report about the director resignation?
The report was signed on behalf of the company by Adam Ridgway, who is identified as the Chief Executive Officer.
Does the CCTSF filing mention any impact on the company’s accounting or internal controls?
The company specifically states that the director’s resignation did not result from any issue related to accounting principles, financial statement disclosure, or internal controls.