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CITE

Closed

Cartica Acquisition Corp

12.25
0.00 (0.00%)
Last Update: 01 Jul 2025 16:30:00
Yesterday: 12.25
Day's Range: 12.25 - 12.25
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When Written:
 
10.52
Cartica Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2021 with the aim of merging with or acquiring a target company in the technology, media, and telecommunications (TMT) sector. The company raised $200 million in its initial public offering (IPO) in March 2021 and is listed on the NASDAQ under the ticker symbol CACGU.

The company is led by CEO and Chairman Manuel D. Medina, who has over 30 years of experience in the technology industry and has founded and led several successful companies. The management team also includes CFO and Director Mark D. Ein, who has extensive experience in private equity and has served on the boards of several public and private companies.

Cartica Acquisition Corp has not yet announced a target company for merger or acquisition, but it has stated that it is focusing on companies with strong growth potential and disruptive technologies in the TMT sector. The company has a two-year period from its IPO to complete a merger or acquisition, after which it will be required to return the funds raised in the IPO to its investors.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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