Agreement signedPublished 6 Nov 2025
Cartica /
Nidar
Cartica and Nidar set out business combination plan
01 / BuyerCartica
02 / TargetNidar
Source for the buyer and target: Cartica Acquisition Corp
For the buyer and target.
“The Business Combination Agreement provides, among other things, for (i) Merger Sub to merge with and into Cartica, with Cartica surviving the First Merger as a wholly owned subsidiary of Nidar, and (ii) immediately following the consummation of the First Merger, the Surviving Entity to merge with and into Nidar, with Nidar surviving the Second Merger.”
Published 6 Nov 2025
Open the sourceWhat happened
Cartica and Nidar have agreed to a business combination under which Cartica will merge into Nidar, which will survive as the parent company. [01]
Terms weren't disclosed. [01]
The source
Everything on this page comes from the source below, quoted word for word.
01
Source · Cartica Acquisition Corp
Cartica and Nidar set out business combination plan
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