DELAWARE, USA, Oct. 18, 2023 (GLOBE NEWSWIRE) — Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) (“Mobiv”), a special purpose acquisition company, announced today that, as of September 30, 2023, the trust value was $61,120,249.39.
Delaware – September 23, 2022 – Mobiv Acquisition Corp. (the “Company”) announced that, commencing September 26, 2022, holders of the 8,700,000 units sold in the Company’s initial public offering may elect to separately trade the Class A common stock and warrants included in the units.
DELAWARE, USA, October 5, 2023 — Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) (the “Company”), a special purpose acquisition company, announced today that, on October 5, 2023, it notified the trustee of the Company’s trust account that it was extending the time available to the Company to consummate an initial business combination from October 8, 2023 to November 8, 2023 (the “Extension”). The Extension is the sixth of up to nine one-month extensions permitted under the Company’s governing documents. In connection with such Extension, Mobiv Pte. Ltd. (the “Sponsor”) will deposit an aggregate of $100,000.00 into the Company’s trust account on or before October 8, 2023, on behalf of the Company.
Mobiv Acquisition Corp Provides Further Update on Planned Merger with SRIVARU Holding Limited and Bonus Pool Shares
DELAWARE, USA, October 2, 2023 — Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) (“Mobiv” or the “Company”), a special purpose acquisition company, today provided a business update regarding the planned merger with SRIVARU Holding Limited, a Cayman Islands exempted company (“SRIVARU”), a commercial-stage provider of premium electric motorcycles. Pursuant to the Merger Agreement, Mobiv plans to merge with and into Merger Sub, with Mobiv being the surviving company and a subsidiary of SRIVARU. Upon closing of business combination, Mobiv’s common stock and warrants will convert into ordinary shares and warrants of SRIVARU. SRIVARU’s ordinary shares and warrants are expected to begin trading on Nasdaq under the new ticker symbols “SVMH” and “SVMHW,” respectively.