683 Capital Management, LLC - Apr 25, 2023 Form 3 Insider Report for Cactus Acquisition Corp. 1 Ltd (CCTS)

Role: 10%+ Owner
Signature: 683 CAPITAL MANAGEMENT, LLC By: /s/ Ari Zweiman Name: Ari Zweiman Title: Managing Member
Stock symbol: CCTS
Transactions as of: Apr 25, 2023
Transactions value $: $0
Form type: 3
Date filed: 5/5/2023, 05:09 PM
Next filing: Oct 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CCTS	Class A Ordinary Shares, par value $0.0001 per share						450K	Apr 25, 2023	By 683 Capital Partners, LP	F1, F2
holding	CCTS	Class B Founders Shares, par value $0.0001 per share						22.5K	Apr 25, 2023	By 683 Capital Partners, LP	F1, F2

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	Redeemable warrants							Apr 25, 2023	Class A ordinary shares	225K	$11.50	By 683 Capital Partners, LP	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 3 is filed jointly by 683 Capital Management, LLC ("683 Management"), 683 Capital Partners, LP ("683 Partners") and Ari Zweiman (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2	Represents securities held directly by 683 Partners. 683 Management is the investment manager of 683 Partners. Ari Zweiman is the Managing Member of 683 Management. As a result, each of 683 Management and Ari Zweiman may be deemed to beneficially own the securities held by 683 Partners.
F3	Exercise price is subject to adjustment in accordance with its terms.
F4	The warrant is exercisable from the date that is thirty (30) days after the first date on which the Issuer completes a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination, involving the Issuer and one or more businesses (a "Business Combination"), and expires on the earliest to occur (x) the fifth anniversary of the Issuer's initial Business Combination, and (y) the liquidation of the Issuer in accordance with the Issuer's amended and restated memorandum and articles of association, as amended from time to time, if the Issuer fails to complete a Business Combination.