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Cartica Acquisition Corp - CITEU STOCK NEWS

Welcome to our dedicated page for Cartica Acquisition news (Ticker: CITEU), a resource for investors and traders seeking the latest updates and insights on Cartica Acquisition stock.

Cartica Acquisition Corp (NASDAQ: CITEU) provides investors with comprehensive coverage of this technology-focused SPAC's developments, including its planned merger with Nidar Infrastructure Limited. This page serves as your central hub for tracking official announcements, regulatory filings, and strategic updates related to Cartica's business combination process.

Access real-time updates on Cartica's progress in creating a publicly traded AI infrastructure leader through its merger with India's premier high-performance computing data center provider. Our curated news collection enables efficient tracking of key milestones, from shareholder approvals to post-merger integration plans.

Find verified information on:
• Merger implementation timelines
• SEC filings and prospectus details
• Leadership team communications
• Strategic partnerships in AI infrastructure
• Market analysis of data center expansion plans

Bookmark this page for continuous access to essential updates about Cartica's transition into a publicly listed technology infrastructure entity. Monitor critical developments in one of the most significant SPAC mergers targeting the global AI compute market.

Rhea-AI Summary

Cartica Acquisition Corp (Nasdaq: CITE) has announced changes to its extraordinary general meeting of shareholders. The Special Meeting has been postponed from December 26, 2024, to January 3, 2025 at 9:00 a.m. Eastern Time, with a new location at Morrison & Foerster LLP in New York. The record date remains November 27, 2024.

The company has extended the deadline for redemption requests from Class A ordinary shareholders to December 31, 2024, at 5:00 p.m. Eastern Time. Previously submitted votes remain valid unless shareholders choose to change them. The voting deadline is set for January 2, 2025, at 12:00 p.m. Eastern Time.

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Nidar Infrastructure , India's leading data center provider for AI and high-performance computing, has entered into a definitive Business Combination Agreement with Cartica Acquisition Corp (Nasdaq: CITE). The transaction values Nidar's pre-transaction equity at approximately $2.75 billion. This merger will enable Nidar to access US capital markets and expand its offerings, including colocation, managed, cloud, and AI services. Post-merger, Nidar will become a publicly listed company with shares and warrants expected to list on a major US stock exchange. The merger completion is subject to customary closing conditions and shareholder approvals.

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FAQ

What is the current stock price of Cartica Acquisition (CITEU)?

The current stock price of Cartica Acquisition (CITEU) is $11.7 as of February 7, 2025.
Cartica Acquisition Corp

Nasdaq:CITEU

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