Cetus Capital Acquisition Corp. Class A (CETU) has released an update to notify the public and investors about the submission of matters to a vote of security holders.
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Cetus Capital Acquisition Corp. stockholders approved an amendment to extend the deadline for its initial business combination to August 3, 2024, with provisions for additional funding for each extension month. In connection with the proposed business combination with MKDWELL Tech Inc., materials including a joint prospectus/proxy statement will be filed with the SEC and provided to stockholders. Stockholders exercised their right to redeem over 3.6 million shares at the Special Meeting, and Cetus urges investors to read the upcoming materials for important information regarding the business combination.
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.
