Yotta Acquisition Corporation Announces Extension Of Combination Period And Additional Contribution To Trust Account To Extend Combination Period To September 22, 2023
Portfolio Pulse from Happy Mohamed
Yotta Acquisition Corporation (NASDAQ:YOTA) has announced an extension of its combination period to September 22, 2023. The company's sponsor, Yotta Investment LLC, has deposited $120,000 into the company's trust account to facilitate this extension. The purpose of the extension is to provide more time for the company to complete a business combination.
August 23, 2023 | 8:11 pm
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Yotta Acquisition Corporation has extended its combination period, indicating a potential delay in business combination. This could lead to uncertainty among investors.
The extension of the combination period by Yotta Acquisition Corporation indicates a delay in their business combination. While the deposit into the trust account provides some security, it may also cause uncertainty among investors about the company's future plans and stability.
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