Cartica Acquisition Announces Merger with Nidar Infrastructure
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Cartica Acquisition Corp (CRTAF) has announced a merger with Nidar Infrastructure Limited, effective November 6, 2025, pending shareholder approval. This merger aims to enhance Yotta Data Services, a subsidiary of Nidar, positioning it as a significant player in AI and cloud infrastructure, particularly in India's digital transformation. Nidar specializes in data center solutions and AI high-performance computing. The current market cap for Cartica Acquisition is $90.78 million, with an average trading volume of 4,700 and a technical sentiment signal indicating a 'Buy'.
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