- CEO
- Gary Challinor
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4B Cedar Brook Drive Cranbury NJ United States of America 08512
- IPO Date
- Jan 3, 2022
- Business
- Cactus Acquisition Corp. 1 Limited (NYSE: CCTS) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting companies in the energy sector, including oilfield services and equipment providers. The company offers no specific products or services beyond its SPAC structure, which facilitates capital raising through an initial public offering to fund the prospective target acquisition; it does not currently operate any ongoing business activities. Headquartered in New York, New York, Cactus Acquisition Corp. 1 Limited was formed in 2020 and has geographic operations centered in the United States, with a focus on North American energy markets and institutional investors as key stakeholders. Recent major developments include the company's ongoing search for a suitable acquisition target as of late 2025, with no publicly announced mergers, acquisitions, partnerships, funding rounds, or strategic shifts reported in the past 1-2 years; its structure remains unchanged since listing on the New York Stock Exchange. The company operates within the financial services industry, specifically the SPAC segment, serving as a vehicle for private companies seeking public market access without a traditional IPO process.