{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-26-002165","form_type":"8-K","ticker":null,"cik":"0001907730","company_name":"Yotta Acquisition Corp","filed_at":"2026-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.737181+00:00","generated_at":"2026-05-15T15:11:26.131180+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Yotta Acquisition terminates Business Combination Agreement with DRIVEiT Financial Auto Group","bullets":["Provided written notice on March 4, 2026 to terminate the August 20, 2024 Business Combination Agreement with DRIVEiT Financial Auto Group.","Termination effective March 4, 2026; no termination agreement was entered into.","Business Combination Agreement was previously disclosed in SEC filings; no reason for termination given."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-002165","json":"https://secwatch.observer/filing/0001829126-26-002165.json","markdown":"https://secwatch.observer/filing/0001829126-26-002165.md","text":"https://secwatch.observer/filing/0001829126-26-002165.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1907730/000182912626002165/0001829126-26-002165-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1907730/000182912626002165/yottaacq_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T15:11:26.131180+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b6ce049c1d4ba0d4434d0f98dbd2571c63283e7a","claim":"Yotta Acquisition Corp terminated Business Combination Agreement with DRIVEiT Financial Auto Group, Inc. and the other parties thereto (effective 2026-03-04).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1907730/000182912626002165/0001829126-26-002165-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"DRIVEiT Financial Auto Group, Inc. and the other parties thereto"},{"label":"Effective","value":"2026-03-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}