Cactus Acquisition Corp Extends Business Combination Deadline

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2025.11.06 23:10
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Cactus Acquisition Corp 1 Ltd Class A has extended its business combination deadline to November 2, 2026, following shareholder approval at an extraordinary general meeting on October 31, 2025. The amendment allows for earlier winding up of operations if needed. Post-meeting, 711,333 shares were redeemed, reducing the trust account by approximately $8.66 million, leaving 52,239 public shares and about $636,033.80 in the trust account. Current market cap stands at $45.74 million.