---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-004336"
form_type: "8-K"
ticker: null
cik: "0001907730"
company_name: "Yotta Acquisition Corp"
filed_at: "2023-06-21T23:59:59+00:00"
generated_at: "2026-06-13T20:19:29.925069+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Yotta extends SPAC business combination deadline to July 22; issues $40K note to sponsor

## Summary
- Deposited $120,000 into trust account to extend combination period by one month to July 22, 2023.
- Issued $40,000 unsecured promissory note to sponsor Yotta Investment LLC; no interest, matures upon business combination.
- NaturalShrimp (merger target) paid half of the $120,000 extension fee; Yotta paid the other half.
- Extension provides additional time to complete business combination with NaturalShrimp.

## SEC filing metadata
- accession: 0001829126-23-004336
- form_type: 8-K
- cik: 0001907730
- company_name: Yotta Acquisition Corp
- filed_at: 2023-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1907730/000182912623004336/0001829126-23-004336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1907730/000182912623004336/yottaacq_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-004336
- JSON: https://secwatch.observer/filing/0001829126-23-004336.json
- Plain text: https://secwatch.observer/filing/0001829126-23-004336.txt

## Key facts
- Debt Financings
  Yotta Acquisition Corp incurred loan of $40,000 with Yotta Investment LLC at does not bear interest maturing upon the closing of a business combination by the Company.
  - Instrument: loan
  - Principal: $40,000
  - Counterparty: Yotta Investment LLC
  - Rate: does not bear interest
  - Maturity: upon the closing of a business combination by the Company
  - Event: incurrence
  source text: On June 20, 2023, Yotta Acquisition Corporation (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $40,000 (the “Note”) to Yotta Investment LLC, the Company’s initial public offering sponsor (“Sponsor”), in exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the amount of time it has available to complete a business combination. The Note does not bear interest and matures upon the closing of a business combination by the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1907730/000182912623004336/0001829126-23-004336-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.