DRIVEiT Financial Auto Group to go public via SPAC merger with Yotta Acquisition in a $100m deal.

DRIVEiT Financial Auto Group, an electric vehicle superstores operator, agreed to go public via SPAC merger with Yotta Acquisition, a publicly traded special purpose acquisition company, in a $100m deal. “We are very excited about this opportunity and the future for all Yotta and DRIVEiT stockholders. DRIVEiT is an industry first innovator building an EV superstore, encompassing everything from sales, service, parts and collision repair with laser focus on a unique customer experience. In our partnership with Yotta, the future is now as we set the bar for retail EV car buying and ownership experience,” Shawn Hughes, DRIVEiT CEO.