U.S. Land-Based Shrimp Farmer NaturalShrimp to Merge with Special Purpose Acquisition Company
NaturalShrimp, a land-based shrimp farming company headquartered in Dallas, came to an agreement with special purpose acquisition company, Yotta Acquisition Corporation to merge NaturalShrimp with a Yotta wholly owned subsidiary.
According to NaturalShrimp, the merger will accelerate the commercialization and production ramp-up of farm-to-table sushi-grade shrimp and fresh seafood including planned U.S. facility expansion.
Gerald Easterling, CEO of NaturalShrimp, said: “This business combination with Yotta has the potential to significantly accelerate our efforts for commercialization and the ramp up...
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