Cetus Capital Acquisition Corp.
CETU
NASDAQ Capital Market2.22
USD
-3.65
- -
CIK
0001936702
ISIN
US15719Y1055
CUSIP
15719Y105
Return %
Stock
S&P500
1Y
-78.67
18.21
3Y
-78.02
63.29
5Y
-78.02
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Chung-Yi Sun
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Floor 3, No. 6, Lane 99 Taipei Taiwan, Province of China 11602
- IPO Date
- Mar 28, 2023
- CIK
- 0001936702
- Similar Companies
- Business
- Cetus Capital Acquisition Corp. (CETU) is a blank check company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations, with an initial focus on industrial, technology, and Internet-of-Things companies in Taiwan. Incorporated in Delaware in 2022 and headquartered in Taipei, Taiwan, the company completed its initial public offering of 5 million units at $10 each in January 2023, raising $50 million, and listed on Nasdaq. It does not have significant operations prior to a business combination; such blank check entities typically hold proceeds in trust for deployment in a target acquisition. In July 2024, Cetus Capital completed a reverse merger business combination with MKD Technology Inc. and related entities including MKDWELL Limited, resulting in Cetus becoming a subsidiary of the newly formed MKDWELL Tech Inc., an automotive electronics manufacturer whose ordinary shares and warrants began trading under the tickers MKDW and MKDWW on Nasdaq starting August 1, 2024; MKDWELL Tech designs, manufactures, and sells intelligent RV and camper van control systems, LiDAR sensors, intelligent container control systems for logistics vehicles, vehicle seat control systems, telematics boxes, wireless chargers, and refitted products, while providing ODM and OEM customized services to passenger cars, modified commercial vehicles, RVs, and logistics fleets primarily in Taiwan, China, and international markets.