In a recent development, Yotta Acquisition Corporation ("Yotta") has announced the adjournment of its annual meeting of stockholders. The meeting, which was initially convened on August 20, 2024, has been rescheduled to 9:00 AM Eastern Time on August 22, 2024. This decision was made during the annual meeting held on August 20, 2024, where the only business conducted was the approval of the adjournment proposal.
The adjournment was reported in an 8-K filing with the U.S. Securities and Exchange Commission (SEC) by Yotta, a company primarily engaged in agricultural production and livestock specialties.
The definitive proxy statement for the meeting had been filed with the SEC on July 24, 2024, outlining the proposals to be approved by Yotta's stockholders. The original meeting was previously postponed as disclosed in an 8-K filing on August 16, 2024.
Yotta, which is listed on The Nasdaq Stock Market LLC under various symbols including YOTAU for its units, YOTA for its common stock, YOTAW for its warrants, and YOTAR for its rights, is headquartered in New York, NY. The company has classified itself as an emerging growth company, which impacts its reporting requirements and obligations under U.S. securities laws.
In other recent news, Yotta Acquisition Corp has adjourned its annual stockholder meeting, which was initially called to order for voting on proposals detailed in the definitive proxy statement filed with the U.S. Securities and Exchange Commission.
The decision to adjourn was taken to allow more time for stockholders to cast their votes on the presented proposals. The meeting is now rescheduled and will reconvene at 11:00 AM Eastern Time.
The management at Yotta Acquisition Corp, a recognized player in the agriculture production sector with an emphasis on industrial applications and services, has encouraged all stockholders to vote on the matters detailed in the Proxy Statement before the next meeting.
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