Yotta Acquisition Corp.
We intend to focus on high technology, blockchain, software and hardware, ecommerce, social media and other general business industries globally. (Incorporated in Delaware)
We intend to actively look for suitable investment opportunities within the technology sector with an enterprise value of approximately $250 million to $1 billion. We will prioritize targets that are already benefiting from or capitalizing on trends found within their respective sectors.
Our sponsor, Yotta Investment LLC, is controlled by Ms. Chen Chen, the wife of our CEO. Yotta Investment has committed to purchase from us an aggregate of 313,500 units, or “private units,” at $10.00 per private unit, for a total purchase price of $3,135,000. The purchase will take place on a private placement basis simultaneously with the consummation of this offering.
(Note: Yotta Acquisition Corp. priced its SPAC IPO on April 19, 2022, in line with the recently upsized terms in its prospectus: 10 million units at $10 each to raise $100 million. In an S-1/A filing dated April 11, 2022, Yotta Acquisition increased its SPAC IPO by 66.7 percent to 10 million units from its initial size of 6 million units. Yotta Acquisition is the 58th SPAC IPO priced so far in 2022.)
|Address||1185 Avenue of the Americas, Suite 301, New York, NY 10036|
|Phone Number||(212) 612-1400|
|View Prospectus:||Yotta Acquisition Corp.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$100.0 mil|
|Manager / Joint Managers||Chardan|
|Expected To Trade:||4/20/2022|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|