---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-054347"
form_type: "8-K"
ticker: null
cik: "0001865861"
company_name: "Cactus Acquisition Corp. 1 Ltd"
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:53:56.445126+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cactus Acquisition Corp. 1 receives Nasdaq notice for failure to meet $50M MVLS continued listing rule

## Summary
- Nasdaq notice dated June 29, 2023, for failure to meet $50M minimum market value of listed securities (MVLS) on Nasdaq Global Market.
- Company has 180 days, until December 26, 2023, to regain compliance by closing at $50M or more for ten consecutive business days.
- If not compliant by deadline, Nasdaq would issue delisting notification; company may appeal to Hearings Panel.
- Securities: units (CCTSU), Class A ordinary shares (CCTS), and warrants (CCTSW) remain listed and trading is unaffected for now.

## SEC filing metadata
- accession: 0001213900-23-054347
- form_type: 8-K
- cik: 0001865861
- company_name: Cactus Acquisition Corp. 1 Ltd
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865861/000121390023054347/0001213900-23-054347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865861/000121390023054347/ea181328-8k_cactusacq1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-054347
- JSON: https://secwatch.observer/filing/0001213900-23-054347.json
- Plain text: https://secwatch.observer/filing/0001213900-23-054347.txt

## Key facts
- Listing & Compliance Notices
  Cactus Acquisition Corp. 1 Ltd received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865861/000121390023054347/0001213900-23-054347-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.