# EDGAR Filing Document

**Accession Number:** 0001865861
**File Stem:** 0000000000-23-002468
**Filing Date:** 2023-3
**Character Count:** 7888
**Document Hash:** 1df3c8d2a7550552e025f16ad5ecdfaa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-002468.hdr.sgml**: 20230426

**ACCESSION NUMBER**: 0000000000-23-002468

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230314

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cactus Acquisition Corp. 1 Ltd
- **CENTRAL INDEX KEY:** 0001865861
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 981598362
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 4B CEDAR BROOK DRIVE
- **CITY:** CRANBURY
- **STATE:** NJ
- **ZIP:** 08512
- **BUSINESS PHONE:** 609-495-2222

**MAIL ADDRESS:**
- **STREET 1:** 4B CEDAR BROOK DRIVE
- **CITY:** CRANBURY
- **STATE:** NJ
- **ZIP:** 08512
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001213900-23-018594

## Text-Extract

```

United States securities and exchange commission logo

                              March 14, 2023

       Ofer Gonen
       Chief Executive Officer
       Cactus Acquisition Corp. 1 Ltd
       4B Cedar Brook Drive
       Cranbury, NJ 08512

                                                        Re: Cactus Acquisition
Corp. 1 Ltd
                                                            Preliminary Proxy
Statement on Schedule 14A
                                                            Filed March 8, 2023
                                                            File No. 001-40981

       Dear Ofer Gonen:

             We have reviewed your filing and have the following comment. In
our comment, we
       may ask you to provide us with information so we may better understand
your disclosure.

              Please respond to this comment within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comment applies to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to this comment, we may have additional comments.

       Preliminary Proxy Statement filed on March 8, 2023

       General

   1.                                                   We note your response
letter dated December 1, 2022 to comments issued on your Form
                                                        10-K for the year ended
December 31, 2021, where you confirm that your sponsor is, is
                                                        controlled by, or has
substantial ties with a non-U.S. person. Please revise the preliminary
                                                        proxy statement to
clearly disclose and include disclosure that addresses how this fact
                                                        could impact your
ability to complete your initial business combination. For instance,
                                                        discuss the risk to
investors that you may not be able to complete an initial business
                                                        combination with a U.S.
target company should the transaction be subject to review by a
                                                        U.S. government entity,
such as the Committee on Foreign Investment in the United
                                                        States (CFIUS), or
ultimately prohibited. Disclose that as a result, the pool of potential
                                                        targets with which you
could complete an initial business combination may be limited.
                                                        Further, disclose that
the time necessary for government review of the transaction or a
                                                        decision to prohibit
the transaction could prevent you from completing an initial business
                                                        combination and require
you to liquidate. Disclose the consequences of liquidation to
 Ofer Gonen
Cactus Acquisition Corp. 1 Ltd
March 14, 2023
Page 2
      investors, such as the losses of the investment opportunity in a target
company, any price
      appreciation in the combined company, and the warrants, which would
expire worthless.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       Please contact Joseph Ambrogi at 202-551-4821 or Pam Howell at
202-551-3357 with
any other questions.

                                                           Sincerely,
FirstName LastNameOfer Gonen
                                                           Division of
Corporation Finance
Comapany NameCactus Acquisition Corp. 1 Ltd
                                                           Office of Real
Estate & Construction
March 14, 2023 Page 2
cc:       Jonathan M. Nathan, Esq.
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

March 14, 2023

Ofer Gonen  
Chief Executive Officer  
Cactus Acquisition Corp. 1 Ltd  
4B Cedar Brook Drive  
Cranbury, NJ 08512

# **Re: Cactus Acquisition Corp. 1 Ltd  
Preliminary Proxy Statement on Schedule 14A  
Filed March 8, 2023  
File No. 001-40981**

Dear Ofer Gonen:

We have reviewed your filing and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response.

After reviewing your response to this comment, we may have additional comments.

Preliminary Proxy Statement filed on March 8, 2023

# General

1. We note your response letter dated December 1, 2022 to comments issued on your Form 10-K for the year ended December 31, 2021, where you confirm that your sponsor is, is controlled by, or has substantial ties with a non-U.S. person. Please revise the preliminary proxy statement to clearly disclose and include disclosure that addresses how this fact could impact your ability to complete your initial business combination. For instance, discuss the risk to investors that you may not be able to complete an initial business combination with a U.S. target company should the transaction be subject to review by a U.S. government entity, such as the Committee on Foreign Investment in the United States (CFIUS), or ultimately prohibited. Disclose that as a result, the pool of potential targets with which you could complete an initial business combination may be limited. Further, disclose that the time necessary for government review of the transaction or a decision to prohibit the transaction could prevent you from completing an initial business combination and require you to liquidate. Disclose the consequences of liquidation to

Ofer Gonen
Cactus Acquisition Corp. 1 Ltd
March 14, 2023
Page 2

investors, such as the losses of the investment opportunity in a target company, any price appreciation in the combined company, and the warrants, which would expire worthless.

We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

Please contact Joseph Ambrogi at 202-551-4821 or Pam Howell at 202-551-3357 with any other questions.

Sincerely,

Division of Corporation Finance
Office of Real Estate & Construction

cc: Jonathan M. Nathan, Esq.