Welcome to our dedicated page for Mobiv Acquisition news (Ticker: mobvw), a resource for investors and traders seeking the latest updates and insights on Mobiv Acquisition stock.
Mobiv Acquisition Corp (MOBVW) is a specialized blank check company targeting strategic mergers in the electric vehicle and sustainable urban mobility sectors. This news hub provides investors with essential updates on potential business combinations, leadership decisions, and market positioning.
Our curated collection offers immediate access to official press releases, regulatory filings, and verified news about MOBVW's acquisition strategy. Users will find updates on merger candidates, management team developments, and industry partnership opportunities, all critical for informed decision-making in the fast-evolving EV space.
With direct access to SEC filings and corporate announcements, this resource serves as your primary source for tracking MOBVW's progress in identifying sustainable transportation targets. For direct inquiries, contact Crescendo Communications at (212) 671-1020 or MOBV@Crescendo-IR.com.
Bookmark this page for real-time updates on MOBVW's journey to establish market leadership through strategic combinations in next-generation mobility solutions.
Mobiv Acquisition Corp (Nasdaq: MOBVU; MOBV; MOBVW) has entered a merger agreement with SRIVARU Holding Ltd., aiming for significant vehicle sales revenue growth in the coming years, targeting US$39 million for FY 2024, US$117 million for FY 2025, and US$553 million for FY 2026. This merger is set to establish the first U.S.-listed electric motorcycle company with manufacturing in India, addressing a rapidly expanding e-mobility market. SRIVARU has received over 700 dealer applications, with expectations of generating up to US$104 million in gross proceeds, further enhancing its manufacturing and distribution capabilities.
Mobiv Acquisition Corp. (NASDAQ: MOBV) announced that starting September 26, 2022, holders of its 8.7 million IPO units can separately trade Class A common stock and warrants. The units will continue trading under the symbol MOBVU, while Class A shares and warrants will trade under MOBV and MOBVW, respectively. No fractional warrants will be issued. The offering was underwritten by EF Hutton and a registration statement was effective as of August 3, 2022. The press release clarifies that this announcement does not constitute an offer to sell securities where such sale may be unlawful.
