03/11/2026 | Press release | Distributed by Public on 03/11/2026 04:03
Item 1.02 Termination of a Material Definitive Agreement
On March 4, 2026, Yotta Acquisition Corporation, a Delaware corporation (the "Company"), provided written notice of its election to terminate that certain Business Combination Agreement, dated as of August 20, 2024 (the "Business Combination Agreement"), by and among the Company and DRIVEiT Financial Auto Group, Inc. and the other parties thereto.
Pursuant to Article 10 of the Business Combination Agreement, the Company elected to terminate the Business Combination Agreement in accordance with its terms, effective as of March 4, 2026.
The Business Combination Agreement was previously disclosed in the Company's filings with the Securities and Exchange Commission. No termination agreement was entered into in connection with the termination of the Business Combination Agreement.