The Cactus Acquisition Corp 1 (Nasdaq: CCTS) . is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus its search on Israel-related technology-based healthcare companies. The SPACK raised $126.5 M in an IPO with the participation of Tier-1 US investors.