Emmanuel Meyer - Feb 23, 2024 Form 3 Insider Report for Cactus Acquisition Corp. 1 Ltd (CCTS)

Signature
/s/ Emmanuel Meyer
Stock symbol
CCTS
Transactions as of
Feb 23, 2024
Transactions value $
$0
Form type
3
Date filed
3/6/2024, 05:43 PM
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CCTS Class A ordinary share 2.53M Feb 23, 2024 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CCTS Class B ordinary share Feb 23, 2024 Class A ordinary share 1 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 2,529,999 Class A ordinary shares and 1 Class B ordinary share reported herein (collectively, the "Shares") are owned directly by EVGI Ltd ("EVGI"). Mr. E. Meyer is the sole director of EVGI and as such, he has voting and investment discretion with respect to the shares held by EVGI. Accordingly, Mr. E. Meyer may be deemed to have beneficial ownership of the Shares held by EVGI. Mr. E. Meyer disclaims any beneficial ownership of the reported Shares other than to the extent of any pecuniary interest he may have therein. The Shares were acquired pursuant to the Purchase Agreement, dated as of February 9, 2024 ("Purchase Agreement"), by and between Cactus Acquisition Corp. I Ltd (the "Issuer"), Cactus Healthcare Management LP, and EVGI. On February 23, 2024, the transactions contemplated by the Purchase Agreement were consummated and EVGI purchased the Shares.
F2 The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the initial business combination of the Issuer or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-258042).