8-K
filed May 16, 2024, 7:59 PM ET
CIK 0001865861
other material
confidence high
sentiment neutral
materiality 0.80
Cactus Acquisition Corp sponsor transfers 80% of securities to ARWM Inc for $1; board and CFO replaced
Cactus Acquisition Corp. 1 Ltd
- Sponsor transfers 2,359,999 Class A shares, 1 Class B share, and 3,893,334 private warrants to ARWM Inc for $1.00.
- CFO Stephen T. Wills resigns effective May 31, 2024; directors Emmanuel Meyer, Joep Thomassen, Huiyan Geng resign.
- New directors Adam Ridgway, Jeffrey LeBlanc, Terry Farris appointed; Farris on audit and compensation committees.
- Cactus Healthcare Management LP retains 632,500 Class A shares (12.46%) and 973,333 warrants.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Emmanuel Meyer resigned as Director at Cactus Acquisition Corp. 1 Ltd.
- Action
- resigned
- Role
- Director
Exact text from the filing
On May 16, 2024, each of Emmanuel Meyer, Huiyan Geng and Joseph C Thomassen, resigned as members of the Board of Directors, effective upon the closing of the Transfer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joseph C Thomassen resigned as Director at Cactus Acquisition Corp. 1 Ltd.
- Action
- resigned
- Role
- Director
Exact text from the filing
On May 16, 2024, each of Emmanuel Meyer, Huiyan Geng and Joseph C Thomassen, resigned as members of the Board of Directors, effective upon the closing of the Transfer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Huiyan Geng resigned as Director at Cactus Acquisition Corp. 1 Ltd.
- Action
- resigned
- Role
- Director
Exact text from the filing
On May 16, 2024, each of Emmanuel Meyer, Huiyan Geng and Joseph C Thomassen, resigned as members of the Board of Directors, effective upon the closing of the Transfer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Terry Farris was appointed as Director at Cactus Acquisition Corp. 1 Ltd.
- Action
- appointed
- Role
- Director
Exact text from the filing
On May16, 2024, effective immediately upon the closing of the Transfer, each of the New Directors was appointed to the Board by the Purchaser
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeffrey LeBlanc was appointed as Director at Cactus Acquisition Corp. 1 Ltd.
- Action
- appointed
- Role
- Director
Exact text from the filing
On May16, 2024, effective immediately upon the closing of the Transfer, each of the New Directors was appointed to the Board by the Purchaser
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Adam Ridgway was appointed as Director at Cactus Acquisition Corp. 1 Ltd.
- Action
- appointed
- Role
- Director
Exact text from the filing
On May16, 2024, effective immediately upon the closing of the Transfer, each of the New Directors was appointed to the Board by the Purchaser
View on SEC.gov
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