Cartica Acquisition Corp. to Merge with Nidar Infrastructure Limited
Cartica Acquisition Corp. and Nidar Infrastructure Limited have agreed to a two-step merger process. Yotta Data and Cloud Limited will merge with Cartica, making Cartica a subsidiary of Nidar. Subsequently, Cartica will merge into Nidar, which will be the surviving entity. A forward purchase agreement allows Harraden Circle Investors, LP to buy up to 900,000 Cartica Class A shares in the open market before the transaction closes.
Cartica Acquisition Corp., Nidar Infrastructure Limited, and Yotta Data and Cloud Limited have entered into an updated agreement outlining a two-step merger process. Under the revised terms, Yotta Data and Cloud Limited, a wholly owned subsidiary of Nidar, will merge with Cartica, resulting in Cartica becoming a wholly owned subsidiary of Nidar. Immediately following this step, Cartica will merge with and into Nidar, which will continue as the surviving company. Additionally, a forward purchase agreement has been entered into with Harraden Circle Investors, LP and related entities, allowing for the purchase of up to 900,000 Cartica Class A ordinary shares in the open market, including shares previously submitted for redemption, ahead of the transaction’s closing. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cartica Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-117476), on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
