QETAR

Quetta Acquisition Corp. (QETAR) operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company does not have ongoing operations or generate revenue from products or services. Headquartered in the United States, QETAR raised capital through its initial public offering to provide a vehicle for institutional and retail investors to participate in a future acquisition target. As a blank check company, QETAR's management team focuses on identifying, evaluating, and negotiating a business combination with a private operating company, which would then become publicly traded through the merger. The company typically has a defined timeframe, usually 18 to 24 months from its IPO, to complete a qualifying business combination, after which shareholders vote to approve or reject the proposed transaction. If no business combination is completed within the specified period, the SPAC must return the funds held in trust to its public shareholders. QETAR's board and management leverage their industry experience and network to source potential acquisition targets that align with their investment criteria and offer growth potential for shareholders following the completion of a business combination.