Cartica Acquisition Corp. Files 2024 10-K
| Field | Detail |
|---|---|
| Company | Cartica Acquisition Corp |
| Form Type | 10-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, 10-k, financials
TL;DR
SPAC Cartica Acquisition Corp. filed its 2024 10-K. Assets $8.96M, Liabilities $1M. Still looking for a deal.
AI Summary
Cartica Acquisition Corp. filed its 10-K for the fiscal year ending December 31, 2024. The company, a blank check company, reported total assets of $8,964,415 and total liabilities of $1,000,000 as of December 31, 2024. A significant subsequent event occurred on January 3, 2025, related to common stock subject to redemption.
Why It Matters
This filing provides a year-end financial snapshot for Cartica Acquisition Corp., a special purpose acquisition company (SPAC), detailing its assets and liabilities as it continues its search for a business combination.
Risk Assessment
Risk Level: medium — As a SPAC, Cartica Acquisition Corp. faces inherent risks related to its ability to identify and complete a business combination within its specified timeframe.
Key Numbers
- $8.96M — Total Assets (As of December 31, 2024)
- $1.00M — Total Liabilities (As of December 31, 2024)
- 4750000 — Shares Outstanding (As of December 31, 2024)
Key Players & Entities
- Cartica Acquisition Corp. (company) — Filer of the 10-K
- December 31, 2024 (date) — Fiscal year end
- $8,964,415 (dollar_amount) — Total assets as of December 31, 2024
- $1,000,000 (dollar_amount) — Total liabilities as of December 31, 2024
- January 3, 2025 (date) — Date of a subsequent event
FAQ
What is the primary business of Cartica Acquisition Corp.?
Cartica Acquisition Corp. is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.
What were Cartica Acquisition Corp.'s total assets as of December 31, 2024?
As of December 31, 2024, Cartica Acquisition Corp. reported total assets of $8,964,415.
What were Cartica Acquisition Corp.'s total liabilities as of December 31, 2024?
As of December 31, 2024, Cartica Acquisition Corp. reported total liabilities of $1,000,000.
Did any significant events occur after the fiscal year end?
Yes, a subsequent event occurred on January 3, 2025, related to common stock subject to redemption.
What is the ticker symbol and exchange for Cartica Acquisition Corp.?
The ticker symbol is not explicitly stated in this excerpt, but it is listed on NASDAQ.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding Cartica Acquisition Corp.