---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-005256"
form_type: "8-K"
ticker: null
cik: "0001936702"
company_name: "Cetus Capital Acquisition Corp."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T07:21:48.200638+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cetus extends business combination deadline to Aug 2024; sponsor loans up to $300K

## Summary
- Shareholders approved extending deadline from Feb 3, 2024 to up to Aug 3, 2024 via six monthly extensions.
- Sponsor deposited $50K into trust for first month extension to March 3, 2024; total sponsor loan up to $300K.
- Sponsor granted security interest in 300,000 shares to MKD BVI as condition for MKD Loan to fund extensions.
- Extension Amendment to certificate of incorporation filed with Delaware Secretary of State on Feb 2, 2024.

## SEC filing metadata
- accession: 0001493152-24-005256
- form_type: 8-K
- cik: 0001936702
- company_name: Cetus Capital Acquisition Corp.
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1936702/000149315224005256/0001493152-24-005256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1936702/000149315224005256/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-005256
- JSON: https://secwatch.observer/filing/0001493152-24-005256.json
- Plain text: https://secwatch.observer/filing/0001493152-24-005256.txt

## Key facts
- Debt Financings
  Cetus Capital Acquisition Corp. incurred loan of up to $300,000 (initial draw $50,000) with Cetus Sponsor LLC at not specified maturing unknown.
  - Instrument: loan
  - Principal: up to $300,000 (initial draw $50,000)
  - Counterparty: Cetus Sponsor LLC
  - Rate: not specified
  - Event: incurrence
  source text: Issuance of Note In connection with the Extension Amendment, Cetus Sponsor LLC (the “ Sponsor ”) has caused an aggregate of $50,000 to be deposited into the Trust Account. This deposit was made in respect of a loan to the Company in the aggregate principal amount of up to $300,000 (the “ Sponsor Loan ”), which Sponsor Loan is evidenced by an unsecured promissory note issued by the Company to the Sponsor (the “ Sponsor Note ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1936702/000149315224005256/0001493152-24-005256-index.htm
- Governance Changes
  Cetus Capital Acquisition Corp.: Amendment to extend the deadline for initial business combination from February 3, 2024 to up to August 3, 2024 through six one-month extensions (effective 2024-02-02).
  - Change: charter amendment
  - Effective: 2024-02-02
  source text: On February 2, 2024, the Company filed the Extension Amendment with the Secretary of State of the State of Delaware. The Extension Amendment extends the date by which the Company must consummate its initial business combination from February 3, 2024 up to six (6) one-month extensions to August 3, 2024, provided that an additional amount equal to the lesser of $0.03 per outstanding public share and $50,000 for each month extended is deposited into the Trust Account, or such earlier date as determined by the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1936702/000149315224005256/0001493152-24-005256-index.htm

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