NEW YORK, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Cartica Acquisition Corp (OTCQB: “CRTAF”, “CRTUF”, “CRTWF”) (“Cartica”) announced today that the extraordinary general meeting of shareholders of Cartica (the “Extraordinary General Meeting”), originally scheduled for November 28, 2025 at 10:00 a.m. Eastern Time, to approve proposals related to the proposed business combination (the “Business Combination”) between Cartica, Nidar Infrastructure Limited (“Nidar”) and Yotta Data and Cloud Limited (“Merger Sub”) has been postponed. The Extraordinary General Meeting has been postponed to allow additional time for Nidar and Cartica to supplement disclosure in the definitive proxy statement/prospectus for the solicitation of proxies in connection with Extraordinary General Meeting (the “proxy statement/prospectus”) to provide information with respect to certain events since the filing and mailing of the proxy statement/prospectus, which supplemental disclosure will be included in a supplement to the proxy statement/prospectus filed by each of Nidar and Cartica.
The Extraordinary General Meeting will now be held on December 4, 2025, at 10:00 a.m. Eastern Time, virtually over the Internet by means of a live audio webcast at https://www.cstproxy.com/carticaspac/egm2025. As a result of the postponement of the Extraordinary General Meeting, Cartica has extended the deadline for delivery of redemption demands from holders of Cartica’s Class A ordinary shares, par value $0.0001 per share, issued in Cartica’s initial public offering to 5:00 p.m. Eastern Time on December 2, 2025. Shareholders who wish to withdraw their previously submitted redemption demands may do so by contacting Cartica’s transfer agent.
All of Cartica’s shareholders of record as of the close of business on November 3, 2025 (the “Record Date”) are entitled to vote at the Extraordinary General Meeting. Cartica’s shareholders who have not already voted, or wish to change their vote, are strongly encouraged to submit their proxies as soon as possible. Valid proxies previously submitted by shareholders will continue to be valid for purposes of the postponed Extraordinary General Meeting.
For more information on how to vote, please call Cartica’s proxy solicitor Advantage Proxy, at (877) 870-8565 (Toll Free) or (206) 870 8565 (Collect) or email ksmith@advantageproxy.com. More details about the Business Combination and the proposals to be voted upon at the Extraordinary General Meeting can be found in the proxy statement/prospectus, which is available at www.sec.gov.
About Cartica
Cartica Acquisition Corp. is a blank check company incorporated on February 3, 2021 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Additional Information and Where to Find It
In connection with the Business Combination, Cartica and Nidar prepared, and Nidar filed, a registration statement on Form F-4 (File No. 333-283189) (the “Registration Statement”), containing the proxy statement/prospectus and certain other related documents, which is both the proxy statement that was distributed to Cartica’s shareholders in connection with Cartica’s solicitation of proxies for the Extraordinary General Meeting, as well as the prospectus relating to the offer and sale of the securities to be issued in connection with the Business Combination. Cartica mailed the proxy statement/prospectus and other relevant documents to its shareholders as of the Record Date. This Press Release is not a substitute for the Registration Statement, the proxy statement/prospectus or any other document that Cartica will send to its shareholders in connection with the Business Combination.
SHAREHOLDERS OF CARTICA ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE BUSINESS COMBINATION THAT NIDAR AND CARTICA WILL FILE OR HAVE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTIONS AND THE PARTIES TO THE PROPOSED TRANSACTIONS.
Investors and security holders will be able to obtain free copies of the Registration Statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by Cartica or Nidar through the website maintained by the SEC at www.sec.gov.
Participants in the Solicitation
Each of Cartica, Nidar and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Cartica’s shareholders in connection with the Business Combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Cartica’s shareholders in connection with the Business Combination is contained in the Registration Statement, the proxy statement/prospectus and other relevant materials filed with the SEC. These documents can be obtained free of charge at the SEC’s website at www.sec.gov.
No Offer or Solicitation
This Press Release relates to the Business Combination and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction pursuant to the Business Combination or otherwise, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom, and otherwise in accordance with applicable law.