CETU SEC filings, in plain English
Everything Cetus Capital Acquisition Corp. has filed with the SEC that we hold — 40 filings, newest first, 2 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
outside date1 moved
- Outside date
- 2024-06-302024-08-05
SpacBrain reads this as 36 days later than the previous record.
The clause …“to the Business Combination Agreement (the “ Sixth Addendum ”) to extend the “Outside Date”, as set forth in the Business Combination Agreement, from June 30, 2024 to August 5, 2024. The Sixth Addendum is filed as Exhibit 2.1 to this”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-08-05 · unchanged
The clause …“to the Business Combination Agreement (the “ Sixth Addendum ”) to extend the “Outside Date”, as set forth in the Business Combination Agreement, from June 30, 2024 to August 5, 2024. The Sixth Addendum is filed as Exhibit 2.1 to this”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Cetus Capital Acquisition Corp. issued merger materials dated June 12, 2024, first mailed on or about June 17, for a virtual special meeting at 10:00 a.m. Eastern time on July 9, 2024 to approve its combination with MKD Technology Inc. under the June 20, 2023 business combination agreement. A BVI PubCo incorporated July 25, 2023 will issue up to approximately 23,000,000 ordinary shares; each unredeemed Class A share of Cetus converts into one PubCo Ordinary Share. The Aggregate Merger Consideration is $230,000,000. Why it matters: The target's own ownership is partial — MKD BVI holds 17,011,476 of the 27,278,652 outstanding shares of MKD Taiwan, about 62.36% — so public shareholders are buying into a holding company that does not fully own the operating business. Assuming no redemptions, MKD's holders would own roughly 74.3% of the issued PubCo shares, and every redemption pushes that share higher, concentrating the combined company in the seller's hands before it even begins trading.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- not previously extracted2024-06-30
SpacBrain reads this as the agreement may be terminated from 2024-06-30.
The clause …“this Fifth Addendum to amend the Business Combination Agreement to change the Outside Date from April 30, 2024 to June 30, 2024. NOW THEREFORE, the parties, intending to be legally bound, for good and valuable consideration, the receipt”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2023-11-15deadline 2023-09-30 → 2024-08-03shares 5.75M → 2.06M -64%
combination deadline, redeemable shares, going-concern doubt2 moved · 1 with no prior record of ours
- Combination deadline
- 2023-09-302024-08-03
- Redeemable shares
- 5.75M2.06M
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as 308 days later than the previous record.
The clause …“the IPO to be held in the Trust Account. If the Company does not complete a Business Combination within nine months (or on or prior to August 3, 2024 as a result of the implementation of the Extension Amendment), the proceeds from the”…
SpacBrain reads this as 3,691,066 shares are no longer redeemable.
The clause …“50,000,000 shares authorized; 1,781,875 issued and outstanding (excluding 2,058,934 shares subject to possible redemption), 1,781,875 shares issued and outstanding (excluding 5,750,000 share subject to possible redemption) as of”…
The clause …“of a Business Combination. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-06-30 · unchanged
The clause …“to the Business Combination Agreement (the “ Fifth Addendum ”) to extend the “Outside Date”, as set forth in the Business Combination Agreement, from April 30, 2024 to June 30, 2024. The Fifth Addendum is filed as Exhibit 2.1 to this”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside date1 moved
- Outside date
- 2024-04-302024-06-30
SpacBrain reads this as 61 days later than the previous record.
The clause …“to the Business Combination Agreement (the “ Fifth Addendum ”) to extend the “Outside Date”, as set forth in the Business Combination Agreement, from April 30, 2024 to June 30, 2024. The Fifth Addendum is filed as Exhibit 2.1 to this”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside date1 moved
- Outside date
- 2024-02-012024-04-30
SpacBrain reads this as 89 days later than the previous record.
The clause …“Business Combination Agreement (the “ Fourth Addendum ”) to (A) extend the “Outside Date”, as set forth in the Business Combination Agreement, from February 1, 2024 to April 30, 2024, (B) clarify the intended tax treatment of the”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-04-30 · unchanged
The clause …“Business Combination Agreement (the “ Fourth Addendum ”) to (A) extend the “Outside Date”, as set forth in the Business Combination Agreement, from February 1, 2024 to April 30, 2024, (B) clarify the intended tax treatment of the”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Cetus Capital Acquisition Corp. called a special meeting for January 31, 2024 at 10:00 a.m. Eastern Time by live teleconference, to extend the deadline from February 3, 2024 by up to six one-month extensions to August 3, 2024, each requiring a deposit of the lesser of $0.03 per outstanding public share or $50,000. On or about November 1, 2023 an aggregate $575,000 First Extension Payment, representing $0.10 per public share, had extended the deadline three months to February 3, 2024, funded by an Extension Loan from Cetus Sponsor LLC. The IPO closed February 3, 2023. Why it matters: The extension price is being cut from $0.10 per share for three months to $0.03 per month capped at $50,000 — each round buys the sponsor more time for proportionally less money, and the deposits are loans the deal repays rather than sponsor capital. A SPAC seeking six more months exactly twelve months after its IPO signals the MKD transaction was behind schedule from the start. Redemption at each vote preserves the accreted trust value.
outside date1 moved
- Outside date
- 2023-11-012024-02-01
SpacBrain reads this as 92 days later than the previous record.
The clause …“to the Business Combination Agreement (the “ Third Addendum ”) to extend the “Outside Date”, as set forth in the Business Combination Agreement, from November 1, 2023 to February 1, 2024. The Third Addendum is filed as Exhibit 2.1 to”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-02-01 · unchanged
The clause …“to the Business Combination Agreement (the “ Third Addendum ”) to extend the “Outside Date”, as set forth in the Business Combination Agreement, from November 1, 2023 to February 1, 2024. The Third Addendum is filed as Exhibit 2.1 to”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
combination deadline, going-concern doubt, redeemable sharesnothing moved · 3 with no prior record of ours
- Combination deadline
- 2023-09-30 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 5.75M · unchanged
The clause …“the restructuring and Taiwan Reorganization described in Section 7.15 of the Business Combination Agreement is not completed on or prior to September 30, 2023; and (vii) by us if each of Pubco, Merger Sub 1 and Merger Sub 2 do not”…
The clause …“of a Business Combination. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of”…
The clause …“issued and outstanding, 1,437,500 shares issued and outstanding (excluding 5,750,000 share subject to possible redemption) as of September 30, 2023 and December 31, 2022, respectively 179 144 Class B common stock, $ 0.0001 par value;”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.