Cartica Acquisition Corp
CITE

Market Cap: $91.8M

About: Cartica Acquisition Corp is a blank check company.

Employees: 2

Financials Blank Checks

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

10.48% less ownership

Funds ownership: 42.22% [Q1] → 31.74% (-10.48%) [Q2]

24% less funds holding

Funds holding: 21 [Q1] → 16 (-5) [Q2]

40% less capital invested

Capital invested by funds: $41.9M [Q1] → $25.2M (-$16.8M) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

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Research analyst outlook

We haven’t received any recent analyst ratings for CITE.

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Financial journalist opinion

LEADING DATA CENTER PROVIDER FOR AI - NIDAR INFRASTRUCTURE LIMITED - TO BECOME A U.S.-LISTED COMPANY VIA BUSINESS COMBINATION WIH CARTICA ACQUISITION CORP

Yotta Designs, Builds, and Operates Tier III and IV Data Centers Positioned at the Forefront of Global AI NEW YORK , June 24, 2024 /PRNewswire/ -- Nidar Infrastructure Limited ("Nidar") and Cartica Acquisition Corp (Nasdaq: "CITE", "CITEU", "CITEW") ("Cartica") today announced that they have entered into a definitive Agreement and Plan of Merger (the "Business Combination Agreement") for a business combination (the "Business Combination"). Nidar is India's leading data center provider for artificial intelligence ("AI") and high-performance compute.

LEADING DATA CENTER PROVIDER FOR AI - NIDAR INFRASTRUCTURE LIMITED - TO BECOME A U.S.-LISTED COMPANY VIA BUSINESS COMBINATION WIH CARTICA ACQUISITION CORP

CARTICA ACQUISITION CORP ANNOUNCES CONTRIBUTION TO TRUST ACCOUNT FOR EXTENSION AMENDMENT

NEW YORK , March 22, 2024 /PRNewswire/ -- Cartica Acquisition Corp ("Cartica" or the "Company") (Nasdaq: "CITE", "CITEU", "CITEW") announced today that Cartica Acquisition Partners, LLC (the "Sponsor") will make a cash contribution of an aggregate of $40,000 to Cartica's trust account for each month (as further detailed below), in connection with the shareholder vote to approve an amendment to its charter to extend the date by which Cartica has to complete an initial business combination from April 7, 2024 to January 7, 2025, or such earlier date as determined by the Company's board of directors (the "Charter Extension"). CARTICA ACQUISITION CORP ANNOUNCES CONTRIBUTION TO TRUST ACCOUNT FOR EXTENSION AMENDMENT As a result of the above change, if the Charter Extension is approved and implemented, the Sponsor or its designees will contribute to the Company as a loan (the "Contributions") an aggregate of $40,000 for each month (commencing on April 7, 2024 and on the 7th day of each subsequent month) until January 7, 2025 (the "Extension Period"), or portion thereof, that is needed to complete an initial business combination, which amount will be deposited into the trust account.

CARTICA ACQUISITION CORP ANNOUNCES CONTRIBUTION TO TRUST ACCOUNT FOR EXTENSION AMENDMENT

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