secwatch.observer — SEC 8-K summary
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Issuer:     Cactus Acquisition Corp. 1 Ltd (—)
CIK:        0001865861
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001437749-24-017319
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cactus Acquisition Corp sponsor transfers 80% of securities to ARWM Inc for $1; board and CFO replaced
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865861/000143774924017319/0001437749-24-017319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865861/000143774924017319/ccts20240515_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-017319

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