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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
Stated deal value
$195M
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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