Yotta Acquisition registered to raise $60 million through an offering of 6 million units. Each consists of one share of common stock and a warrant.
The new SPAC plans to target high technology, blockchain, software and hardware, ecommerce, social media and other general business industries globally.
CEO and Director Hui Chen founded the law offices of Hui Chen & Associates, PC in 2012, a New York-based law firm. Chen focuses his practice on patent prosecution, copyright infringement, and other general intellectual property matters.
Chardan is sole book-running manager of the offering.
The SPAC in the filing said it has applied for a Nasdaq listing but has yet to select a ticker symbol. Read more.
