---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-016038"
form_type: "8-K"
ticker: null
cik: "0001865861"
company_name: "Cactus Acquisition Corp. 1 Ltd"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:13:55.409245+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cactus Acquisition Corp. 1 receives Nasdaq non-compliance notice for MVPHS below $15M

## Summary
- Received Nasdaq notice on May 7, 2024 for failing to maintain minimum MVPHS of $15M.
- Has 180 days, until November 4, 2024, to regain compliance with MVPHS Rule.
- May transfer to Nasdaq Capital Market (MVPHS threshold $5M, currently exceeded) if not compliant.
- No immediate effect on listing or trading of securities on Nasdaq Global Market.
- Company will monitor MVPHS and consider options; expects to apply for transfer if needed.

## SEC filing metadata
- accession: 0001437749-24-016038
- form_type: 8-K
- cik: 0001865861
- company_name: Cactus Acquisition Corp. 1 Ltd
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865861/000143774924016038/0001437749-24-016038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865861/000143774924016038/ccts20240510_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-016038
- JSON: https://secwatch.observer/filing/0001437749-24-016038.json
- Plain text: https://secwatch.observer/filing/0001437749-24-016038.txt

## Key facts
- Listing & Compliance Notices
  Cactus Acquisition Corp. 1 Ltd received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(C)
  source text: May 7, 2024, 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)(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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865861/000143774924016038/0001437749-24-016038-index.htm

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