Cetus Capital Acquisition Corp.

General Information

We are a new blank check company that intends to focus initially on industrial and IT companies in Taiwan as potential acquisition and/or business combination targets. (Incorporated in Delaware) 

We intend to focus our search for a target business in the industrials, information technology and Internet-of-Things industries with an intention to initially prioritize Taiwan, and we will not consider or undertake a business combination with an entity or business that is based in, or has its principal business operations in, the People’s Republic of China, including Hong Kong and Macau.

Chung-Yi Sun, CEO, president and chairman of our board of directors, has served since January 2022 as Managing Director of AWinner Limited, an investment firm focused on breakthrough Information Technology companies. Mr. Sun has also served since June 2010 as an Assistant Vice President of Lite-On Green Technologies, Inc., a Taiwan-based green technology company, where he is responsible for supervising the company’s daily operations and personally interacting with venture capital representatives and private investors. Mr. Sun has more than 20 years of experience in the high technology, energy and automobile industries. 

Cheng-Nan Wu, CFO, secretary, treasurer and director nominee, has served since February 2019 as General Manager Assistant for overall planning of financial systems and financial strategic planning at Hotai Motor Co., Ltd., a Taiwan-based and publicly listed company that is principally engaged in the distribution of motor vehicles and relevant parts. Mr. Wu has also served since February 2019 as General Manager of Training Centre and General Manager Assistant (Group) at Hotong Motor Investment Co., Ltd., an investment company focused on the Chinese automobile industry and a subsidiary of Hotai Motor Co., Ltd. 

(Note: Cetus Capital Acquisition Corp. priced its SPAC IPO on Jan. 31, 2023, in sync with the terms in its prospectus: 5.0 million units at $10.00 each to raise $50.0 million. As of Jan. 31, 2023, Cetus Capital Acquisition became only the second SPAC IPO priced so far this year. Cetus Capital Acquisition Corp. cut the size of its SPAC IPO to 5.0 million units – down from 6.0 million units – at $10.00 to raise $50.0 million, in an  S-1/A filing dated Jan. 19, 2023. Cetus Capital Acquisition filed an S-1/A dated Sept. 14, 2022, to change its proposed symbol for its units to “CETUU” as part of its plan to apply for listing on the NASDAQ. The original proposed symbol was “CETSU” – and that proposed symbol is NOT in use any longer for this SPAC IPO.)


Employees: 0
Founded: 2022
Contact Information
Address Floor 3, No. 6, Lane 99 Zhengda Second Street, Wenshan District 11602 Taipei, Taiwan, R.O.C.
Phone Number +886 920518827
Web Address
View Prospectus: Cetus Capital Acquisition Corp.
Financial Information
Market Cap $53.94mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol CETUU
Exchange NASDAQ
Shares (millions): 5.0
Price range $10.00 - $10.00
Est. $ Volume $50.0 mil
Manager / Joint Managers EF Hutton
Expected To Trade: 2/1/2023
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change