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Yotta Acquisition Corporation (YOTA) has priced its initial public offering (IPO) of 10 million units at $10.00 each, set to trade on Nasdaq under the ticker 'YOTAU' starting April 20, 2022. Each unit includes one share of common stock, one redeemable warrant, and a right to receive one-tenth of a share upon business combination. The IPO is expected to close on April 22, 2022. The underwriters have a 45-day option to purchase an additional 1.5 million units. Proceeds from the IPO will fund potential business combinations in high-tech and other sectors.
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