Tavia Acquisition Corp. (Nasdaq: TAVI) and Vita Inclinata Technologies have signed a non-binding Letter of Intent for a de-SPAC business combination that would make Vita a publicly traded company on Nasdaq. The proposed transaction implies a pre-money enterprise value of $450 million for Vita, assuming Vita successfully completes a pending strategic acquisition in the defense and industrials market.
According to the companies, they are gathering initial non-binding investment indications from institutional and strategic investors, with firm commitments to be disclosed alongside a definitive agreement. Tavia expects to execute such a definitive agreement within about thirty days and currently anticipates closing the transaction in the fourth quarter of 2026.