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CARTICA ACQ CORP UTS 8-K Filings

CRTUF OTC

Every 8-K that CARTICA ACQ CORP UTS (CRTUF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow CRTUF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRTUF filings page.

Rhea-AI Summary

Cartica Acquisition Corp is winding down after failing to complete a business combination by February 7, 2026, as required by its governing documents. The company has notified regulators of an anticipated redemption of its Class A ordinary shares and requested that OTC Markets suspend trading in its Class A shares, redeemable warrants, and units before the market opens on February 24, 2026, after which these securities will no longer be listed.

Cartica intends to redeem the Class A shares on February 25, 2026 for cash equal to the funds held in its trust account, including interest not used for taxes, divided by the shares outstanding. As of February 17, 2026, the trust account held about $11,865,002 and there were 927,559 Class A shares outstanding, leading to an estimated per-share redemption amount of $12.79. This redemption will fully extinguish Class A shareholders’ rights. The redeemable warrants will not receive any redemption or liquidation payments and will expire worthless. Following delisting, the company plans to file Form 15 to terminate its SEC reporting obligations for these securities.

Rhea-AI Summary

Cartica Acquisition Corp has terminated its previously agreed business combination with Nidar Infrastructure Limited and Yotta Data and Cloud Limited through a Termination Agreement. As part of this, all related lock-up and support agreements tied to the merger were also terminated. Nidar will pay Cartica a total of $7,000,000 in seven equal monthly installments from January 31, 2026 to July 31, 2026 to cover expenses and creditor liabilities outside Cartica’s trust account.

Nidar agreed to indemnify Cartica parties for certain third‑party claims up to an aggregate cap of $500,000 and to fund an insurance policy with up to $5,000,000 in coverage and up to $500,000 of deductible payments. As consideration for the sponsor releasing all amounts owed by Cartica, Nidar issued the sponsor a $21,900,000 convertible note and a warrant to purchase up to 15,900,000 securities following a qualified offering.

Because the business combination will not close, Cartica states it cannot complete a transaction by its February 7, 2026 deadline. On that date it will cease operations except for winding up, then redeem all Class A public shares for cash from the trust account and proceed to liquidate, subject to Cayman Islands law and creditor claims.

Rhea-AI Summary

Cartica Acquisition Corp reported the results of its extraordinary general meeting where shareholders voted on its proposed business combination with Nidar Infrastructure Limited and its subsidiary Yotta Data and Cloud Limited. Shareholders first considered a proposal to approve the Business Combination Agreement, under which Cartica will merge into a wholly owned Nidar subsidiary and then into Nidar itself. They also voted on a separate merger proposal to approve the First Merger and related plan of merger.

As of the November 3, 2025 record date, 6,677,559 ordinary shares were entitled to vote, and 6,196,450 shares, or about 92.80%, were present in person or by proxy, providing a quorum. Both the Business Combination Proposal and the Merger Proposal were approved unanimously, receiving 6,196,450 votes for, with no votes against or abstentions. Based on these results, the companies expect the business combination to be completed once the remaining closing conditions described in the proxy statement/prospectus are satisfied or waived.

Rhea-AI Summary

Cartica Acquisition Corp disclosed a new forward purchase agreement tied to its proposed business combination with Nidar Infrastructure Limited. The deal involves Harraden Circle investment funds agreeing to buy up to 900,000 Cartica Class A ordinary shares in the open market ahead of closing, including shares from investors who chose redemption, and to waive redemption rights on those shares except after certain termination events.

Cartica will pay the Seller a prepaid amount from its trust equal to the number of covered shares multiplied by the merger redemption price per share. After closing, the Seller can sell shares over time; each sale reduces the position and requires a payment back to the company based on a reset price linked to Nidar’s trading price and any dilutive offerings. The arrangement runs until the earlier of 12 months after closing or an earlier date chosen by the Seller, and is designed to influence redemptions and support the perception of the combined company’s capital base.

Rhea-AI Summary

Cartica Acquisition Corp announced that Nidar Infrastructure Limited’s registration statement on Form F-4 related to their proposed two-step merger became effective on November 5, 2025. The transaction structure has Merger Sub merging into Cartica, followed by Cartica merging into Nidar, with Nidar surviving as the combined company.

Cartica and Nidar issued a joint press release and will proceed with mailing a definitive proxy statement/prospectus to Cartica shareholders as of a record date to be set, seeking approval for the Business Combination. The disclosure highlights customary risks, including shareholder approvals, potential redemptions, regulatory and listing conditions, possible changes to structure, financing commitments, and other factors that could affect closing.

This is a procedural milestone that advances the deal toward a shareholder vote; completion remains subject to the conditions outlined in the registration materials.