NaturalShrimp Ends Merger Agreement, Announces Re-IPO Opportunity for Uplist
Dallas-headquartered shrimp farmer NaturalShrimp announced that it terminated a previously announced merger agreement with Yotta Acquisition Corporation (“Yotta”) and its wholly owned subsidiary, Yotta Merger Sub, Inc.
The company said the move was halted due to “Yotta’s inability to comply with the provision of its Amended and Restated Certificate of Incorporation that prohibits Yotta from consummating an initial business combination unless it has net tangible assets of at least $5,000,001 upon consummation of such initial business combination, in connection with the transactions contemplated with the Merger...
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