The new SPAC intends to focus on high technology, blockchain, software and hardware, e-commerce, social media, and other general business industries globally. Yotta is led by CEO Hui Chen, and CFO Robert L. Labbe.
Total SPAC deal count for 2022 year-to-date is now 58. This offering is expected to close on Friday, April 22.
Chardan is acting as the sole bookrunner of the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Hunter Taubman Fischer & Li LLC serving as Underwriter’s Counsel. Marcum, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.