Cartica Acquisition Corp. Enters Material Agreement
| Field | Detail |
|---|---|
| Company | Cartica Acquisition Corp |
| Form Type | 8-K |
| Filed Date | Aug 13, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $121,328.64, $161,771.52, $53,923.84, $202,214.40, $67,404.80 |
| Sentiment | neutral |
Sentiment: neutral
Topics: definitive-agreement, financial-obligation, spac
TL;DR
Cartica Acquisition Corp. just signed a big deal, could be a SPAC merger or something else.
AI Summary
Cartica Acquisition Corp. entered into a material definitive agreement on August 11, 2025. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant. The company is incorporated in the Cayman Islands and its principal executive offices are located in New York, NY.
Why It Matters
This filing signifies a significant development for Cartica Acquisition Corp., potentially related to a business combination or financial commitment that could impact its future operations and shareholder value.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and potential financial obligations, which introduces uncertainty and potential risk until more details are disclosed.
Key Players & Entities
- Cartica Acquisition Corp (company) — Registrant
- August 11, 2025 (date) — Date of earliest event reported
- 1345 Avenue of the Americas, 11th Floor New York, NY 10105 (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Cartica Acquisition Corp. on August 11, 2025?
The filing states that Cartica Acquisition Corp. entered into a material definitive agreement on August 11, 2025, but the specific details of this agreement are not provided in this excerpt.
What type of financial obligation is indicated by this 8-K filing?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant, Cartica Acquisition Corp.
Where are Cartica Acquisition Corp.'s principal executive offices located?
Cartica Acquisition Corp.'s principal executive offices are located at 1345 Avenue of the Americas, 11th Floor, New York, NY 10105.
In which jurisdiction was Cartica Acquisition Corp. incorporated?
Cartica Acquisition Corp. was incorporated in the Cayman Islands.
What is the SEC file number for Cartica Acquisition Corp.?
The SEC file number for Cartica Acquisition Corp. is 001-41198.
Filing Stats: 817 words · 3 min read · ~3 pages · Grade level 11.8 · Accepted 2025-08-13 16:07:00
Key Financial Figures
- $121,328.64 — y note in the principal amount of up to $121,328.64 to Cartica Acquisition Partners, LLC (t
- $161,771.52 — ote ") in the principal amount of up to $161,771.52 to the Sponsor for the second three mon
- $53,923.84 — s trust account (the " Trust Account ") $53,923.84 each month (commencing on April 8, 2025
- $202,214.40 — ote ") in the principal amount of up to $202,214.40 to the Sponsor for the third three mont
- $67,404.80 — ccordingly deposit in the Trust Account $67,404.80 each month (commencing on July 8, 2025
Filing Documents
- tm2523329d1_8k.htm (8-K) — 27KB
- tm2523329d1_ex10-1.htm (EX-10.1) — 23KB
- 0001104659-25-077542.txt ( ) — 218KB
- cite-20250811.xsd (EX-101.SCH) — 3KB
- cite-20250811_lab.xml (EX-101.LAB) — 33KB
- cite-20250811_pre.xml (EX-101.PRE) — 22KB
- tm2523329d1_8k_htm.xml (XML) — 3KB
01. Entry into a Material Definitive
Item 1.01. Entry into a Material Definitive Agreement. Extension Promissory Note As previously reported in the Current Report on Form 8-K filed with the Securities and Exchange Commission (the " SEC ") on January 10, 2025, Cartica Acquisition Corp, a special purpose acquisition company incorporated as a Cayman Islands exempted company (the " Company "), issued a promissory note in the principal amount of up to $121,328.64 to Cartica Acquisition Partners, LLC (the " Sponsor "), a Delaware limited liability company for the first three months of the extension of the Company's termination date from January 7, 2025 to October 7, 2025 (the " Extension ") for the benefits of Class A ordinary shares of the Company sold in its initial public offering (the " Public Shares ") that were not redeemed in connection with the Extension that was approved at the Company's extraordinary general meeting of shareholders held on January 3, 2025. On April 1, 2025, the Company issued a second promissory note (the " Second Extension Note ") in the principal amount of up to $161,771.52 to the Sponsor for the second three months of the Extension and accordingly deposited in its trust account (the " Trust Account ") $53,923.84 each month (commencing on April 8, 2025 and on the 7 th day of each subsequent month) through July 7, 2025. On August 11, 2025, the Company issued a third promissory note (the " Third Extension Note ") in the principal amount of up to $202,214.40 to the Sponsor for the third three months of the Extension and will accordingly deposit in the Trust Account $67,404.80 each month (commencing on July 8, 2025 and on the 7 th day of each subsequent month) through October 7, 2025. The principal amount of this note may be drawn down in three equal amounts of $67,404.80 per month. The Third Extension Note bears no interest and is payable in full upon the earlier of (i) the date of the consummation of the Company's initial business combination, and (ii) the date of the liqu
03. Creation of a Direct Financial
Item 2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-balance Sheet Arrangement of a Registrant. The disclosure contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are being filed herewith: Exhibit No. Description 10.1 Promissory Note, dated as of August 11, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Cartica Acquisition Corp Date: August 13, 2025 By: /s/ Suresh Guduru Name: Suresh Guduru Title: Chairman and Chief Executive Officer