Cactus Acquisition 1 (CCTS) - 2022 Q4 - Annual Report

Any potential target business with which we enter into negotiations concerning a business combination is aware that we must complete our initial business combination within 18 months (or 24 months, if an extension is approved at our upcoming April 20, 2023 extraordinary general meeting) from the closing date of our initial public offering. Consequently, any such target business may obtain leverage over us in negotiating a business combination, knowing that if we do not complete our initial business combinat ...