Cartica Acquisition p(CITE) - 2024 Q1 - Quarterly Report

CARTICA ACQUISITION CORP NOTES TO CONDENSED FINANCIAL STATEMENTS MARCH 31, 2024 (Unaudited) On January 5, 2024, the Company instructed Continental to liquidate the investments held in the Trust Account and instead to hold the funds in the Trust Account in an interest-bearing demand deposit account at a bank, with Continental continuing to act as trustee, until the earlier of the consummation of the Business Combination or the Company's liquidation, which was reflected in the amendment to the investment mana ...