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An update from Cartica Acquisition ( (CRTAF) ) is now available.
Cartica Acquisition Corp has extended its Business Combination deadline from October 7, 2025, to February 7, 2026, by issuing a promissory note of $148,409.44 to its sponsor, Cartica Acquisition Partners, LLC. This extension allows the company more time to complete a merger or similar transaction, with monthly deposits into a trust account to support this process. During an extraordinary general meeting on October 3, 2025, shareholders approved the extension, ratified the appointment of CBIZ CPAs P.C. as the independent auditor for 2025, and agreed to adjourn the meeting if necessary. Following shareholder redemptions, approximately $5.2 million was withdrawn from the trust account, leaving 927,559 public shares outstanding. The company continues to manage its trust account funds in U.S. government securities until a business combination is consummated or the company is liquidated.
More about Cartica Acquisition
Average Trading Volume: 4,035
Technical Sentiment Signal: Buy
Current Market Cap: $88.48M
For a thorough assessment of CRTAF stock, go to TipRanks’ Stock Analysis page.