Yotta Acquisition Corporation Announces Extension Of Combination Period And Additional Contribution To Trust Account To Extend Combination Period
Yotta Acquisition Corporation Announces Extension Of Combination Period And Additional Contribution To Trust Account To Extend Combination Period
Yotta Acquisition Corporation (NASDAQ:YOTA, the "Company"))))), a special purpose acquisition company, announced today that that at its special meeting of stockholders on April 19, 2023 (the "Meeting"), the Company's shareholders voted in favor of the proposal to amend its amended and restated certificate of incorporation, giving the Company the right to extend the date by which the Company has to complete a business combination (the "Combination Period") up to twelve (12) times for an additional one (1) month each time from April 22, 2023, to April 22, 2024. Yotta Investment LLC, the Company's initial public offering sponsor ("Sponsor"), has deposited into the Company's trust account (the "Trust Account") an aggregate of $120,000, in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from April 22, 2023 to May 22, 2023. The Company issued a promissory note to Sponsor in the aggregate principal amount of $200,000. The promissory note bears no interest and matures upon the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
特殊目的收購公司Yotta Acquisition Corporation（納斯達克股票代碼：YOTA，“公司”））今天宣佈，在2023年4月19日的股東特別大會（“會議”）上，公司股東投票贊成修改經修訂和重述的公司註冊證書的提案，賦予公司延長公司完成業務合併的截止日期（“合併期”）的權利”) 從 2023 年 4 月 22 日到 2024 年 4 月 22 日，每次最多十二 (12) 次，再延長一 (1) 個月。公司的首次公開募股贊助商（“贊助商”）Yotta Investment LLC已將總額爲12萬美元的資金存入公司的信託賬戶（“信託賬戶”），以便將公司完成業務合併的時間再延長一（1）個月，即從2023年4月22日延長至2023年5月22日。公司向保薦人發行了本金總額爲200,000美元的期票。期票不計利息，在公司完成業務合併時到期。延期的目的是爲公司提供完成業務合併的時間。
譯文內容由第三人軟體翻譯。