Quetta Acquisition Corporation
OOTC:QETA12.38
USD
+0.28
(+2.32%)
ISIN
US74841A1051
CUSIP
74841A105
Return %
Stock
S&P 500
1Y
8.65
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Chen Zi Han
- Full Time Employees
- 2
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- New York United States
- IPO Date
- Oct 6, 2023
- Similar Companies
- Business
- Quetta Acquisition Corporation is a blank check company and special purpose acquisition corporation formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more operating businesses. The company focuses primarily on identifying and acquiring growth-oriented enterprises within the financial technology, software, and technology-enabled services sectors across Asia and international markets. As a specialized public equity acquisition vehicle, the company provides capital formation and corporate transaction execution services; offering target private operating companies direct access to public capital markets and equity financing through its trust account funds; structuring cross-border business combination, reverse merger, and corporate reorganization transactions; issuing and managing publicly traded investment securities comprising common stock, redeemable units, and contingent share purchase rights; and administering segregated fiduciary trust accounts invested in United States treasury securities and money market funds pending shareholder approval and consummation of an initial business combination. In major recent operational developments, Quetta Acquisition Corporation transitioned its equity quotation and trading to the Over-the-Counter Pink Limited Market under the ticker symbol QETA, following the suspension of trading and formal delisting from the Nasdaq Global Market in October 2026 upon reaching the maximum 36-month timeline mandated under Nasdaq Listing Rule IM-5101-2. The company continues to actively pursue the closing of a definitive Business Combination Agreement entered into in March 2026 to merge with Smart Kreate Group Limited, a Hong Kong-based provider of artificial intelligence-driven cloud logistics operating systems, in a transaction valuing the target entity at an enterprise value of approximately 200 million dollars. This transaction followed the mutual termination in January 2026 of a prior merger agreement with advanced automotive and functional film manufacturer KM QUAD. Additionally, the company reorganized its executive leadership in February 2026 with the appointment of Zihan Chen as Chief Executive Officer, and implemented multiple extensions to its transaction completion deadline through capital deposit contributions provided by its sponsor, Yocto Investments LLC. Quetta Acquisition Corporation was incorporated in Delaware on May 1, 2023, and is headquartered in New York, New York.