STOCK AWARDS	12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
STOCK AWARDS	NOTE 10 – STOCK AWARDS During the year ended December 31, 2024, the Sponsor assigned 175,000 Class A non-redeemable shares (founder shares) to directors. The stock awards were valued at $387,000 and are reflected in the financial statements as stock based compensation and included in operating expenses, with a corresponding amount as a capital contribution to additional paid in capital. The 175,000 shares have an implied value of $2.21 per share, or an aggregate of $387,000. The $387,000 value was determined based on a market approach methodology with a probability of acquisition assessment, using a stock price at the measurement date of $11.06 and assigning a probability of acquisition of 20%.

STOCK AWARDS

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

NOTE 10 – STOCK AWARDS

During the year ended December 31, 2024, the Sponsor assigned 175,000 Class A non-redeemable shares (founder shares) to directors. The stock awards were valued at $387,000 and are reflected in the financial statements as stock based compensation and included in operating expenses, with a corresponding amount as a capital contribution to additional paid in capital. The 175,000 shares have an implied value of $2.21 per share, or an aggregate of $387,000. The $387,000 value was determined based on a market approach methodology with a probability of acquisition assessment, using a stock price at the measurement date of $11.06 and assigning a probability of acquisition of 20%.

Cactus Acquisition Corp. 1 Ltd 10-K