Yotta Acquisition Corp. Files Definitive Proxy Statement
Ticker: YOTA · Form: DEF 14A · Filed: Jul 24, 2024 · CIK: 1907730
| Field | Detail |
|---|---|
| Company | Yotta Acquisition Corp (YOTA) |
| Form Type | DEF 14A |
| Filed Date | Jul 24, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.04 m, $1,150,000, $120,000, $11, $11.22 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, regulatory-filing, corporate-governance
TL;DR
Yotta Acquisition Corp. filed its proxy statement, shareholders need to pay attention to upcoming votes.
AI Summary
Yotta Acquisition Corp. filed a definitive proxy statement (DEF 14A) on July 24, 2024, for its fiscal year ending December 31, 2024. The filing concerns information required for its proxy statement, with the company's principal executive offices located at 1185 Avenue of the Americas, Suite 301, New York, NY. No filing fee was required for this submission.
Why It Matters
This filing provides shareholders with essential information regarding upcoming votes and corporate governance, allowing them to make informed decisions about the company's future.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new material information that would typically impact stock price.
Key Numbers
- 20240724 — Filing Date (Date the definitive proxy statement was filed with the SEC.)
- 1231 — Fiscal Year End (The company's fiscal year concludes on December 31st.)
Key Players & Entities
- Yotta Acquisition Corp. (company) — Registrant
- 1185 Avenue of the Americas, Suite 301, New York, NY (location) — Business and Mail Address
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or definitive proxy statement, is used to solicit shareholder votes on important corporate matters, such as director elections, executive compensation, or mergers.
When is Yotta Acquisition Corp.'s fiscal year end?
Yotta Acquisition Corp.'s fiscal year ends on December 31st, as indicated in the filing.
Where are Yotta Acquisition Corp.'s principal executive offices located?
Yotta Acquisition Corp.'s principal executive offices are located at 1185 Avenue of the Americas, Suite 301, New York, NY.
Was there a filing fee associated with this DEF 14A?
No, the filing indicates that no fee was required for this DEF 14A filing.
What is the SEC file number for Yotta Acquisition Corp.?
The SEC file number for Yotta Acquisition Corp. is 001-41357.
Filing Stats: 4,805 words · 19 min read · ~16 pages · Grade level 18.4 · Accepted 2024-07-24 16:09:02
Key Financial Figures
- $0.04 m — ust Account ”) an amount equal to $0.04 multiplied by the number of shares of com
- $1,150,000 — d that the Company deposited into trust $1,150,000 for each three-month extension. On Apri
- $120,000 — pany deposits into the trust the sum of $120,000 for each one-month extension. On Septem
- $11 — share redemption price is approximately $11.22, without giving effect to interest t
- $11.22 — redemption process (i.e., approximately $11.22 per share, based on the amounts held in
- $8,148,519 — Trust Account, which held approximately $8,148,519 of marketable securities as of July 18,
- $11.08 — o;s common stock on the Record Date was $11.08. The Company cannot assure stockholders
Filing Documents
- yottaacq_def14a.htm (DEF 14A) — 298KB
- 0001829126-24-004950.txt ( ) — 299KB
FORWARD LOOKING STATEMENTS
FORWARD LOOKING STATEMENTS This proxy statement contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the plans and objectives of management for future operations, including as they relate to a business combination. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. They involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by these statements. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this proxy statement, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "strive," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When the Company discusses its strategies or plans, including as they relate to a business combination, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, the Company's management. Actual results and stockholders' value will be affected by a variety of risks and factors, including, without limitation, international, national and local economic conditions, merger, acquisition and business combination risks, financing risks, geo-political risks, acts of terror or war, and in other reports the Company files with the SEC. Many of the risks and factors that will determine these results and stockholders' value are beyond the Company's ability to control or predict. All