NaturalShrimp to go public via a SPAC merger with Yotta Acquisition in a $275m deal.

NaturalShrimp, a shrimp farming biotechnology company, agreed to go public via a SPAC merger with Yotta Acquisition in a $275m deal. “We believe NaturalShrimp’s patented technologies, attractive business model and unit economics provides a premium pricing opportunity for fresh, locally grown product that is of superior quality and sustainable. We further believe that NaturalShrimp is well-positioned to become a premier provider of shrimp in the U.S., and we are pleased that Yotta’s stockholders will have the opportunity to invest and help fill the gap in the large and growing shrimp market with land-based gourmet-grade shrimp without the use of antibiotics, probiotics or toxic chemicals," Hui Chen, Yotta CEO.