Brief: Yotta Acquisition Enters Into Merger Agreement With Driveit Financial Auto Group
22/08/2024 02:43
Aug 21 (Reuters) - Yotta Acquisition Corp YOTA.O :
* YOTTA ACQUISITION CORPORATION ANNOUNCES ENTERING INTO A
MERGER
AGREEMENT WITH DRIVEIT FINANCIAL AUTO GROUP, INC., AN OPERATOR
OF ELECTRIC VEHICLE SUPERSTORES
* YOTTA ACQUISITION CORP - NEW COMPANY TO BE TRADED ON
NASDAQ
* YOTTA ACQUISITION - STOCKHOLDERS OF DRIVEIT WILL RECEIVE
AGGREGATE OF 10 MILLION SHARES OF STOCK OF COMBINED CO, AT
IMPLIED VALUE OF $10.00 PER SHARE
Source text for Eikon: ID:nGNX9mcKbT
Further company coverage: YOTA.O
((Reuters.Briefs@thomsonreuters.com;))
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