Cactus Acquisition 1 Wants Another Year to Find and Close a Deal | SPAC Feed

Cactus Acquisition 1 in a proxy filing seeks shareholder approval to strecth its termination deadline from Nov. 2 to Nov. 2, 2024.

A shareholder meeting to vote on the matter is scheduled for Nov. 2, the SPAC's current deadline. The proxy does not mention any additional contributions to the trust in return for a favorable vote.

Cactus 1 raised $126.5 million in an upsized ipo two years ago. The SPAC is focused on Israel-related technology-based healthcare companies. Read more.

Source: Cactus Acquisition 1 Wants Another Year to Find and Close a Deal

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• Source: https://spacfeed.com/cactus-acquisition-1-wants-another-year-to-find-and-close-a-deal