Yotta Acquisition (YOTAU) Stock Price, News & Analysis

Company Overview

Yotta Acquisition Corporation is a Delaware-incorporated special purpose acquisition company (SPAC) formed in June 2021. The company’s sole purpose is to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Upon completion of its IPO, Yotta Acquisition listed its units on the Nasdaq Capital Market under the ticker symbol “YOTAU.” The proceeds from its public offering are held in a trust account until the company identifies a suitable target business for a business combination. Yotta Acquisition typically focuses on opportunities where its management team believes it can add strategic value or operational expertise.

Yotta Acquisition has a predefined timeframe—generally two years from the closing of its IPO—to complete a qualifying business combination. If the company is unable to consummate a transaction within the prescribed period, it is obligated to liquidate and return the trust account funds to its public shareholders.

Governed by a board of directors and led by executives with backgrounds in mergers and acquisitions, finance and corporate governance, Yotta Acquisition leverages its flexible SPAC structure to pursue a range of potential targets. The company has not yet announced a definitive business combination target as of its latest public filings.

Key Stats

• Today's Range: $10.02 to $10.02
• 50-Day Range: $2.25 to $10.02
• 52-Week Range: $2.25 to $12.70
• Volume: N/A
• Average Volume: 10,525 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 shares have decreased by 11.6% and is now trading at $10.02.

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 $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