Tillkännagivande • Apr 02
Cactus Acquisition Corp. 1 Limited announced delayed annual 10-K filing On 04/01/2026, Cactus Acquisition Corp. 1 Limited announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Jan 06
Cactus Acquisition Corp. 1 Limited Announces Resignation of Rainer Michael from the Board of Directors, Effective December 28, 2025 Cactus Acquisition Corp. 1 Limited announced that on December 28, 2025, Rainer Michael, an independent director of the Company, notified the Company that he has resigned from the Company's Board of Directors, effective December 28, 2025. Mr. Michael's resignation is for personal reasons and did not result from any disagreement with the Company on any matter relating to its operations, policies, or practices, including with respect to accounting principles or practices, financial statement disclosure, or internal controls. Tillkännagivande • Nov 18
Cactus Acquisition Corp. 1 Limited announced delayed 10-Q filing On 11/17/2025, Cactus Acquisition Corp. 1 Limited announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Jun 21
Cactus Acquisition Corp. 1 Limited Announces Resignation of Jeff Leblanc as an Independent Director Cactus Acquisition Corp. 1 Limited on 18 June 2025, Jeff LeBlanc, an independent director notified the Company that he has resigned from the Company’s Board of Directors (the “Board”), effective immediately. Tillkännagivande • May 17
Cactus Acquisition Corp. 1 Limited announced delayed 10-Q filing On 05/16/2025, Cactus Acquisition Corp. 1 Limited announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Apr 01
Cactus Acquisition Corp. 1 Limited announced delayed annual 10-K filing On 03/31/2025, Cactus Acquisition Corp. 1 Limited announced that they will be unable to file their next 10-K by the deadline required by the SEC. Tillkännagivande • Mar 13
Nasdaq to Delist the Ordinary Shares Class A, Unit, Warrant of Cactus Acquisition Corp 1 Limited Nasdaq announced that it will delist the ordinary shares Class A, unit, warrant of Cactus Acquisition Corp. 1 Limited. Cactus Acquisition Corp. 1 Limited’s stock was suspended on November 05, 2024 and has not traded on Nasdaq since that time. Tillkännagivande • Nov 15
Cactus Acquisition Corp. 1 Limited announced delayed 10-Q filing On 11/14/2024, Cactus Acquisition Corp. 1 Limited announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Oct 23
Cactus Acquisition Corp. 1 Limited, Annual General Meeting, Nov 01, 2024 Cactus Acquisition Corp. 1 Limited, Annual General Meeting, Nov 01, 2024. Location: 345 park ave, new york, 10154, new york United States Tillkännagivande • Aug 16
Cactus Acquisition Corp. 1 Limited announced delayed 10-Q filing On 08/15/2024, Cactus Acquisition Corp. 1 Limited announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • May 11
Cactus Acquisition Corp. 1 Receives Written Notice from Nasdaq Regarding Non-Compliance with the Minimum Market Value of Publicly Held Shares of $15 Million Under Listing Rule 5450(b)(2)(C) On May 7, 2024, Cactus Acquisition Corp. 1 Ltd. (the ‘Company’) received a written notice (the ‘Notice’) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (‘Nasdaq’) indicating that the Company was not in compliance with Listing Rule 5450(b)(2)(C) (the ‘MVPHS Rule’), which requires listed securities to maintain a minimum Market Value of Publicly Held Shares (MVPHS) of $15,000,000. Based upon Nasdaq’s review of the Company’s MVPHS, the Company no longer meets this requirement. Consequently, a deficiency exists with regard to the MVPHS Rule. However, in accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Notice states that the Company has 180 calendar days, or until November 4, 2024, in which to regain compliance with the MVPHS Rule. The Notice states that if at any time before November 4, 2024, the Company’s MVPHS closes at $15,000,000 or more for a minimum of ten (10) consecutive business days, the Nasdaq staff will provide written confirmation that the Company has regained compliance with the MVPHS Rule. The Notice is only a notification of deficiency and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. In the event the Company does not regain compliance with the MVPHS Rule prior to the expiration of the compliance period of November 4, 2024, it will receive written notification from Nasdaq that its securities are subject to delisting on The Nasdaq Global Market. Alternatively, the Company may apply to transfer the Company’s securities to The Nasdaq Capital Market, which requires listed securities to maintain a minimum MVPHS of $5,000,000, which the Company exceeded at May 10, 2024. The Company will continue to monitor its MVPHS and consider its available options to regain compliance with the MVPHS Rule. If compliance is not achieved by November 4, 2024, the Company expects to apply to Nasdaq to transfer the Company’s securities to The Nasdaq Capital Market. Tillkännagivande • Mar 31
Cactus Acquisition Corp. 1 Limited announced delayed annual 10-K filing On 03/29/2024, Cactus Acquisition Corp. 1 Limited announced that they will be unable to file their next 10-K by the deadline required by the SEC. Board Change • Jan 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Sep 12
Cactus Acquisition Corp. 1 Limited Receives Non-Compliance Letter from Nasdaq On September 8, 2023, Cactus Acquisition Corp. 1 Ltd., a Cayman Islands exempted company (the Company"), received a written notice (the Notice") from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(2), which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq Global Market (the Minimum Total Holders Rule"). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company's securities on the Nasdaq Global Market. In accordance with Nasdaq Listing Rule 5810(c)(2)(A)(i), the Notice states that the Company has 45 calendar days, or until October 23, 2023, to submit a plan to regain compliance with the Minimum Total Holders Rule. If the Company is unable to regain compliance by that date, the Company intends to submit a plan to regain compliance with the Minimum Total Holders Rule within the required timeframe. If Nasdaq accepts the Company's plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the date of the Notice to evidence compliance with the Minimum Total Holders Rule. If Nasdaq does not accept the Company's plan, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel. The Company is monitoring the number of holders of its Class A ordinary shares and will consider options available to it to potentially achieve compliance. New Risk • Aug 17
New minor risk - Financial position The company has negative equity. Total equity: -US$4.9m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-US$4.9m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (US$58.5m market cap). Tillkännagivande • Jul 06
Cactus Acquisition Corp. 1 Receives Non-Compliance Letter from Nasdaq On June 29, 2023, Cactus Acquisition Corp. 1 Ltd., a Cayman Islands exempted company (the Company"), received a written notice (the Notice") from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq") indicating that the Company was not in compliance with Listing Rule 5450(b)(2)(A) (the MVLS Rule"), which requires the Company to have at least $50 million market value of listed securities (the MVLS") for continued listing on the Nasdaq Global Market. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company's securities on the Nasdaq Global Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Notice states that the Company has 180 calendar days, or until December 26, 2023, in which to regain compliance with the MVLS Rule. The Notice states that if at any time before December 26, 2023, the Company's MVLS closes at $50 million or more for a minimum of ten (10) consecutive business days, the Nasdaq staff will provide written confirmation that the Company has regained compliance with the MVLS Rule. If compliance is not achieved by December 26, 2023, the Company expects that Nasdaq would provide written notification to the Company that its securities are subject to delisting. At that time, the Company could appeal the delisting decision to a Nasdaq Hearings Panel. The Company will continue to monitor its MVLS and consider its available options to regain compliance with the MVLS Rule. 
