QETAU

Quetta Acquisition Corp. 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 was incorporated in 2021 and is headquartered in George Town, Cayman Islands. As a blank check company, Quetta Acquisition Corp. does not have operations of its own but rather raises capital through an initial public offering with the specific intent of acquiring or merging with an existing private company, thereby taking it public. The SPAC structure provides target companies with an alternative route to traditional IPOs while offering investors an opportunity to participate in the acquisition process. Quetta Acquisition Corp. completed its initial public offering, issuing units that typically consist of one share of common stock and a fraction of one redeemable warrant. Following its IPO, the company places the proceeds in a trust account while management searches for a suitable acquisition target. The company typically has a specified timeframe, usually 18 to 24 months, to identify and complete a business combination, after which it must return the funds to shareholders if no transaction is consummated. The company's management team evaluates potential targets based on various criteria including growth potential, market position, and strategic fit.