Cetus Capital Acquisition Corp. Class A (CETU) has released an update to notify the public and investors about corporate charter and bylaws modifications.
The Company has extended the deadline for its initial business combination from February 3, 2024, to August 3, 2024, with the possibility of up to six one-month extensions, provided additional funds are deposited into the Trust Account. In connection with the proposed business combination with MKDWELL Tech Inc., detailed materials will be filed with the SEC, including a joint prospectus/proxy statement. Investors and stockholders are advised to read these materials once available, as they will contain vital information about the transaction. Forward-looking statements in the text indicate anticipation of the combination’s benefits, timing, and potential growth, though they come with the usual risks and uncertainties inherent in such deals.
For further insights into CETU corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
