Blockchain Registration Transaction Record

Cartica and Yotta Clear Key SEC Hurdle for $1B+ Business Combination

Cartica Acquisition Corp and Yotta Data Services achieve SEC registration effectiveness for their business combination, creating India's leading AI infrastructure company set to list on Nasdaq in 2025.

This business combination represents a significant development in India's rapidly expanding technology infrastructure sector, particularly in artificial intelligence and cloud computing. As digital transformation accelerates globally, the creation of a publicly-listed AI infrastructure company with Yotta's capabilities could substantially enhance India's position in the global technology landscape. For investors, this marks an opportunity to participate in India's growing AI ecosystem through a Nasdaq-listed entity. The combination also signals growing confidence in India's digital infrastructure market, which is experiencing massive growth driven by increasing data consumption, cloud adoption, and AI implementation across industries. This transaction could potentially accelerate India's ambitions to become a global AI hub while providing essential infrastructure for the country's digital economy growth.