Wednesday, July 31, 2024

Equity Corporate Actions Alert #2024 - 362
(UPDATED: Closed) Information Regarding the Business Combination of Cetus Capital Acquisition Corp (CETU/R/W/U) and MKDWELL Tech Inc.

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

The business combination of Cetus Capital Acquisition Corp (CETU/R/W/U) and MKDWELL Tech Inc. closed today, July 31, 2024. As a result of the business combination, the Class A Common Stock, Right, Warrant, and Unit of Cetus Capital Acquisition Corp (CETU/R/W/U) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Cetus Capital Acquisition Corp. Class A Common Stock
CUSIP#: 15719Y105
Symbol: CETU
Last Trading Date: July 31, 2024
Marketplace Effective Date for Suspension: August 1, 2024
Merger Consideration: One (1) MKDWELL Tech Inc. Ordinary Share (MKDW) for each share held.
Company Name/Issue: Cetus Capital Acquisition Corp. Right
CUSIP#: 15719Y121
Symbol: CETUR
Last Trading Date: July 31, 2024
Marketplace Effective Date for Suspension: August 1, 2024
Merger Consideration: One (1) MKDWELL Tech Inc. Ordinary Share (MKDW) for every 6 shares held.
Company Name/Issue: Cetus Capital Acquisition Corp. Warrant
CUSIP#: 15719Y113
Symbol: CETUW
Last Trading Date: July 31, 2024
Marketplace Effective Date for Suspension: August 1, 2024
Merger Consideration: One (1) MKDWELL Tech Inc. Warrant (MKDWW) for each warrant held.
Company Name/Issue: Cetus Capital Acquisition Corp. Unit
CUSIP#: 15719Y204
Symbol: CETUU
Last Trading Date: July 31, 2024
Marketplace Effective Date for Suspension: August 1, 2024
Merger Consideration: Unit will separate into its components.

As a result of the merger the combined company will be domiciled in the British Virgin islands and will list its Ordinary Shares (MKDW) on the Nasdaq Global Market and its Warrants (MKDWW) on the Nasdaq Capital Market. The details are as follows:

Company Name/Issue: MKDWELL Tech Inc Ordinary Shares
CUSIP#: G6209W108
Symbol: MKDW
Marketplace Effective Date: August 1, 2024

Company Name/Issue: MKDWELL Tech Inc Warrant expiring 7/31/2029
CUSIP#: G6209W116
Symbol: MKDWW
Marketplace Effective Date: August 1, 2024

If you would like to register as a market maker in MKDW or MKDWW contact Nasdaq Trading Services at +1 212 231 5100.



Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.