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SPAC · Merger completed

Mobiv Acquisition Corp

Business combination with SriVaru Mobility Pvt Ltd

Mobiv Acquisition Corp is a blank-check company (SPAC) that raised $87M in its initial public offering on Aug 3, 2022, listing on Nasdaq. It completed its business combination with SriVaru Mobility Pvt Ltd on Dec 8, 2023; the combined company is SRIVARU Holding Limited (SVMH). EF Hutton led the IPO, with Benchmark. Rimon advised the SPAC and Loeb & Loeb advised the underwriters on the IPO.

Status
Merger completed
IPO date
Aug 3, 2022
IPO size
$87M
IPO exchange
Nasdaq
Target
SriVaru Mobility Pvt Ltd (SVM)
Announced
Mar 17, 2023
Closed
Dec 8, 2023
Combined company
SRIVARU Holding Limited (SVMH)
IPO underwriters
EF Hutton and Benchmark
SPAC counsel (IPO)
Rimon
Underwriters' counsel (IPO)
Loeb & Loeb

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