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Cartica Acquisition Corp's 8-K Filing: Key Insights on SPAC Units and Future Prospects

$CITE
Form 8-K
Filed on: 2024-12-26
Source
Cartica Acquisition Corp's 8-K Filing: Key Insights on SPAC Units and Future Prospects

Based on the provided section of the financial report, here are the key details and insights extracted:

Entity Information

  • Entity Name: Cartica Acquisition Corp
  • CIK: 0001848437
  • SEC Filing Type: 8-K
  • Filing Date: December 20, 2024
  • Address: 1345 Avenue of the Americas, 11th Floor, New York, NY 10105
  • Contact Number: +1-202-741-3677

Security Information

  • Type of Units: Each unit consists of:
  • One Class A Ordinary Share
  • One-half of one Redeemable Warrant
  • Ticker Symbols:
  • Class A Ordinary Share: CITE (NASDAQ)
  • Redeemable Warrants: CITEW (NASDAQ)
  • Par Value of Class A Ordinary Share: $0.0001 per share

Contextual Information

  • Reporting Period: December 20, 2024
  • Financial Measures:
  • Currency: USD
  • Stock Units: The reporting references both shares and USD, indicating financial figures may be presented in terms of value per share.

Observations

  • The document is a filing related to a special purpose acquisition company (SPAC), indicated by the structure of the units offered (ordinary shares and warrants).
  • The company is likely preparing for a significant event (like a merger or acquisition) as indicated by the 8-K filing, which is typically used for reporting major events.
  • The inclusion of redeemable warrants suggests a potential for investors to convert these into shares, which can be an attractive feature for raising capital.

Conclusion

This financial report highlights Cartica Acquisition Corp's current securities and their structure, indicating a focus on raising funds through units that combine ordinary shares with redeemable warrants. The filing is relevant for investors interested in the company’s financial activities and strategic direction as of December 2024.