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Mobiv Acquisition Corp - mobvw STOCK NEWS

Welcome to our dedicated news page for Mobiv Acquisition (Ticker: mobvw), a resource for investors and traders seeking the latest updates and insights on Mobiv Acquisition.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mobiv Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mobiv Acquisition's position in the market.

Rhea-AI Summary
Mobiv Acquisition Corp provides a business update on the planned merger with SRIVARU Holding Limited. Approximately 97.5% of the total Class A Common Stock outstanding have been redeemed. Shareholders have until the day prior to closing to reverse their redemptions and participate in a pro-rata distribution of the additional 2.5 million shares. The global electric two-wheel vehicle market was valued at US$51.22 billion in 2020, with SRIVARU well-positioned to establish a leadership position.
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-6.57%
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Mobiv Acquisition Corp extends time for initial business combination by one month
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0.42%
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SRIVARU awarded key patent for motorcycle chassis with traction battery pack protection system
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Rhea-AI Summary
Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) provided a business update, announcing an amendment to the agreement and plan of merger with SRIVARU Holding Limited, a provider of premium electric motorcycles. The CEO expressed excitement about the development.
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Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) announced an extension of the time available to consummate an initial business combination from August 8, 2023, to September 8, 2023, with the fourth of up to nine one-month extensions permitted. The Sponsor will deposit $100,000.00 into the Company’s trust account on or before August 8, 2023, on behalf of the Company.
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0.09%
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0.1%
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SRIVARU Holding Ltd. has launched the Prana 2.0 intelligent battery system for its electric motorcycles. The battery system offers enhanced rider experience, industry-leading safety features, and an extended battery life of over 150,000 kilometers. It exceeds regulatory standards in India and meets all safety requirements for AIS-156 Phase 3 certification. SRIVARU aims to capture a significant share of the Indian two-wheel vehicle market.
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Mobiv Acquisition Corp

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