Cactus Acquisition Corp. 1 Ltd (CTSWF) Warrant
Each CTSWF warrant gives the holder the right to buy 1 share of Cactus Acquisition Corp. 1 Ltd at $11.50 per share, for five years after the company completes its merger. Cactus Acquisition Corp. 1 Ltd is a SPAC (deal signed with Tembo e-LV B.V.). It must complete a deal by November 2, 2026 or the warrants expire worthless. There are 6.33M listed warrants; exercising all of them would add 196.8% to the 3.21M shares outstanding.
We have no price feed for OTC warrants yet, so this page shows the terms and dilution of CTSWF without prices or a chart.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- no
From the issuer's 8-K (2021-11-03).
Company and stock
- Company
- Cactus Acquisition Corp. 1 Ltd
- Shares outstanding
- 3.21M
- Industry
- Blank check company (SPAC)
- Head office
- Cranbury, NJ
- Incorporated in
- Cayman Islands
Shares outstanding as of 2025-12-31. Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
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Dilution
- Shares outstanding
- 3.21M
- Listed warrants
- 6.33M
- Dilution if all exercised
- 196.8%
Warrant count from filing notes, read by hand (high): Public warrants (one-half warrant per unit).
SPAC deal
- Status
- deal signed
- Target
- Tembo e-LV B.V.
- Deal announced
- 2024-08-29
- Deadline
- 2026-11-02
- Latest possible deadline
- 2027-11-02
- Trust per share
- $12.48
- Sponsor
- Cactus Healthcare Management LP
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about CTSWF
When does the CTSWF warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of CTSWF?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many CTSWF warrants are outstanding?
6.33M listed warrants, equal to 196.8% dilution if all are exercised.
Related warrants
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