Yotta Acquisition (YOTAU) Stock Price, News & Analysis

Company Overview

Yotta Acquisition Corp. is a blank‐check company organized as a Delaware corporation for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company completed its initial public offering on the NASDAQ under the ticker YOTAU, raising capital to pursue value‐creating transactions in technology, industrial, and other high‐growth sectors.

The sponsor of Yotta Acquisition is Yotta Capital Partners, a private investment firm with experience in identifying and accelerating businesses undergoing digital transformation. While Yotta Acquisition does not itself operate commercial or industrial assets, it leverages the investment team’s sector expertise and network to source, evaluate and negotiate business combination opportunities.

Since its IPO, Yotta Acquisition Corp. has maintained its trust account pending the announcement of a definitive agreement for a business combination. The company’s management team, drawn from Yotta Capital Partners, brings experience in corporate finance, deal structuring and operational oversight to guide the transaction process.

Yotta Acquisition is currently seeking targets across North America and select international markets, with a focus on companies positioned at the intersection of technology and industry. As of now, the firm has not disclosed a specific target or timeline for completing its initial business combination.

Key Stats

• Today's Range: $2.25 to $2.25
• 50-Day Range: $2.25 to $2.25
• 52-Week Range: $2.25 to $13.28
• Volume: N/A
• Average Volume: 14,000 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

YOTAU Stock Analysis - Frequently Asked Questions

How have YOTAU shares performed this year?

Yotta Acquisition's stock was trading at $11.34 at the beginning of the year. Since then, YOTAU stock has decreased by 80.2% and is now trading at $2.25.

When did Yotta Acquisition IPO?

Yotta Acquisition (YOTAU) raised $100 million in an initial public offering (IPO) on Wednesday, April 20th 2022. The company issued 10,000,000 shares at a price of $10.00 per share.

How do I buy shares of Yotta Acquisition?

Shares of YOTAU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Agriculture
• Current Symbol: NASDAQ:YOTAU
• CIK: 1907730
• Web: N/A
• Phone: 212-612-1400
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A