Cartica Acquisition entered into agreements to unwind its proposed merger with Nidar Infrastructure and address related obligations. The parties executed a Termination Agreement that provides $7 million of monthly expense payments through July 2026, mutual releases, and limited indemnity and insurance support. Cartica, its sponsor, and Namaste Universe Sponsor also signed a backstop side letter to ensure timely funding if Nidar misses any installment. With the merger terminated, Cartica plans to redeem public shares and proceed to liquidation in February 2026.

Agreement 1: Cartica Acquisition Signs Termination Agreement With Nidar Infrastructure

• Agreement type: Termination Agreement for prior Business Combination Agreement
• Counterparty: Nidar Infrastructure
• Signed / Effective: Jan 07 2026 / Jan 07 2026
• Duration / Termination: At will
• Reason: Formalize unwind and settle obligations of terminated merger

Agreement 2: Cartica Acquisition Signs Backstop Side Letter With Namaste Universe Sponsor

• Agreement type: Backstop side letter for expense payments
• Counterparty: Namaste Universe Sponsor
• Signed / Effective: Jan 07 2026 / Jan 07 2026
• Duration / Termination: Through Expense Payments period
• Reason: Ensure timely funding of expense payments if Nidar defaults

Agreement 3: Cartica Acquisition Terminates Business Combination Agreement With Nidar Infrastructure

• Agreement terminated: Business Combination Agreement
• Counterparty: Nidar Infrastructure
• Original agreement date: Jun 24 2024
• Termination date: Jan 07 2026
• Termination type: mutual
• Exit fees / payments: $7,000,000 expense payments; indemnity capped at $500,000; insurance premium up to $500,000; $500,000 deductible
• Reason: Parties ended proposed merger; SPAC cannot complete a combination by deadline

Original SEC Filing: Cartica Acquisition Corp [ CRTAF ] - 8-K - Jan. 07, 2026