Deferred Underwriting Fee Waiver granted by underwriter of the Companys initial public offering

Contract Categories: Business Finance - Underwriting Agreements
EX-10.4 5 ea0200198ex10-4_cactusacqu1.htm DEFERRED UNDERWRITING FEE WAIVER GRANTED BY UNDERWRITER OF THE COMPANY'S INITIAL PUBLIC OFFERING

Exhibit 10.4

 

 

  Oppenheimer & Co. Inc.
  85 Broad Street 23rd Floor
  New York, NY 10004

 

Member of All Principal Exchanges

 

January 29, 2024

 

CONFIDENTIAL

 

Cactus Acquisition Corp. 1 Limited
4B Cedar Brook Drive

Cranbury, NJ 08512

 

Attention:

 

Stephen T. Wills

Chief Financial Officer

 

Dear Mr. Wills:

 

Oppenheimer & Co. Inc. (“Oppenheimer”) hereby waives the deferred underwriting fee payable upon a business combination of Cactus Acquisition Corp. 1 Limited with a target. For the avoidance of doubt, Oppenheimer does not waive any other rights, including without limitation, any indemnity set forth in the underwriting agreement.

 

  Very truly yours,

OPPENHEIMER & CO. INC.
   
  By: /s/ Michael Margolis, R.Ph.
  Name:  Michael Margolis, R.Ph.
  Title: Senior Managing Director,
Co-Head Healthcare IB

 

 

 

 

January 16th, 2024

 

CONFIDENTIAL

 

Cactus Acquisition Corp. 1 Limited
4B Cedar Brook Drive

Cranbury, NJ 08512

 

Attention:

 

Stephen T. Wills
Chief Financial Officer

 

Dear Mr. Wills:

 

Moelis & Company LLC (“Moelis”) hereby waives the deferred underwriting fee payable upon a business combination of Cactus Acquisition Corp. 1 Limited with a target. For the avoidance of doubt, Moelis does not waive any other rights, including without limitation, any indemnity set forth in the underwriting agreement.

 

  Very truly yours,
   
  MOELIS & COMPANY LLC
   
  By: /s/ Steven Halperin
  Name:  Steven Halperin
  Title: Managing Director