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Cartica Acquisition Corp and Nidar Infrastructure Limited Announce Effectiveness of F-4 and Extraordinary General Meeting Date
YOTA
M&A
Proxy Vote Outcomes
- The registration statement on Form F-4 for the proposed business combination between Cartica Acquisition Corp and Nidar Infrastructure Limited (parent of Yotta Data Services) has become effective.
- Cartica has scheduled an Extraordinary General Meeting of shareholders for November 28, 2025, at 10:00 am Eastern Time to approve the proposed Business Combination and related matters.
- Upon completion of the proposed Business Combination, the combined company is expected to list its ordinary shares and warrants on The Nasdaq Global Market under the ticker symbols "YTTA" and "YTTAW", respectively.
- Nidar, through its operating subsidiary Yotta Data Services, is a data center solutions and services provider headquartered in Mumbai, India, offering hyperscale colocation, enterprise colocation, cloud, managed services, and AI high-performance computing (AI HPC).
Nov 6, 2025, 10:43 PM
Yotta Acquisition Corp. Extends Business Combination Deadline to April 2027
YOTA
Proxy Vote Outcomes
M&A
- Yotta Acquisition Corporation's stockholders approved an amendment to extend the deadline to consummate a business combination from October 22, 2025, to April 22, 2027.
- This extension was approved without requiring additional deposits into the trust account.
- The Sponsor will contribute the lesser of $7,500 or $0.33 per public share outstanding to the Trust Account for each one-month extension, as an interest-free loan repayable upon business combination consummation.
- All proposals, including the extension amendments, were unanimously approved by the votes cast at the Special Meeting held on October 22, 2025.
Nov 6, 2025, 7:35 PM
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