Yotta Acquisition Corporation is a Delaware-incorporated special purpose acquisition company (SPAC) that launched its initial public offering in early 2021. As a blank-check vehicle, Yotta Acquisition raises capital through the sale of units, each comprising common stock and warrants, with the express purpose of identifying and completing a merger, share exchange, asset acquisition, stock purchase or similar business combination.
The company’s management team brings experience in financial services, technology and entrepreneurship. Led by Raj Dhanda, Yotta Acquisition’s board and advisors draw upon backgrounds in fintech innovation, consumer finance and corporate development. This expertise is intended to guide the search for a target company that can benefit from public-market access and strategic capital deployment.
While Yotta Acquisition itself carries no operating business, its focus areas include financial technology, digital payments, consumer-facing financial services and adjacent sectors. The SPAC evaluates potential partners across North America and selectively considers opportunities in Europe and Asia, seeking businesses with scalable platforms and differentiated product offerings.
The proceeds from Yotta Acquisition’s IPO are held in a trust account until the completion of a qualifying business combination. Through this structure, the company aims to leverage public-market liquidity and management’s sector expertise to support the growth ambitions of its future operating partner. Yotta Acquisition’s securities trade on the Nasdaq under the tickers “YOTAW” for its warrants and “YOTAU” for its units.
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