Cactus Acquisition 1 in a proxy filing seeks shareholder approval to strecth its termination deadline from Nov. 2 to Nov. 2, 2024.
A shareholder meeting to vote on the matter is scheduled for Nov. 2, the SPAC’s current deadline. The proxy does not mention any additional contributions to the trust in return for a favorable vote.
Cactus 1 raised $126.5 million in an upsized IPO two years ago. The SPAC is focused on Israel-related technology-based healthcare companies. Read more.
