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Cactus Acquisition Corp Extends Business Combination Deadline

Story Highlights
  • Cactus Acquisition Corp. 1 Limited extended its business combination deadline to November 2, 2026.
  • 711,333 shares were redeemed, removing $8.66 million from the trust account.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cactus Acquisition Corp Extends Business Combination Deadline

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The latest announcement is out from Cactus Acquisition Corp 1 Ltd Class A ( (CCTSF) ).

Cactus Acquisition Corp. 1 Limited held an extraordinary general meeting on October 31, 2025, where shareholders approved an amendment to extend the deadline for an initial business combination to November 2, 2026. The amendment also allows the board to wind up operations earlier if desired. Following the meeting, 711,333 shares were redeemed, resulting in approximately $8.66 million being removed from the company’s trust account, leaving 52,239 public ordinary shares outstanding and about $636,033.80 remaining in the trust account.

More about Cactus Acquisition Corp 1 Ltd Class A

Technical Sentiment Signal: Buy

Current Market Cap: $45.74M

For detailed information about CCTSF stock, go to TipRanks’ Stock Analysis page.

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