Yotta Acquisition Corporation
In talks with NaturalShrimp
None
Rumor from
SPAC Details
Ticker : YOTA
Status : Definitive Agreement
Sector : Media and Entertainment, Technology, Web 3.0 and Crypto, Consumer
Target :
not announced
Trust account : $ 115.7 million
Underwriters : Chardan
Lawyers : Loeb & Loeb, Hunter Taubman Fischer & Li LLC
IPO : Apr. 20, 2022
Target Announced : Oct. 25, 2022
Merger Closed : n/a
Liquidation : Jan. 27, 2023
CEO & Director : Hui Chen
CFO & Director : Robert L. Labbe
Performance
Common Price : $ 9.93
NAV : $ 10.00
Premium to NAV : -1%
Warrant Price : $ 0.04
Warrant Strike : $ 11.50
Warrant Intrinsic Value : $ 0.00
Total Return : 1%
Annualized Return : 3%
Annualized Volatility : 2%
Sharpe Ratio : -13.30
Maximum Drawdown : 0%
NaturalShrimp
None
Target announced on Oct. 25, 2022
Transaction Overview and Valuation
Equity Value at $10 per share : $ None
Equity Value at current $ per share :
$ 146.2 million
Enterprise Value at $10 per share : $ None
Business Combination Proceeds :
$ 115.7 million Cash in Trust +
$ None PIPE
None
None
see Investor Presentation
No graph available.
Source: Investor presentation. For the latest financial projections please refer to the investor relations department of the company.