Tavia Acquisition Corp. (TAVI) reported that Tavia Sponsor Pte. Ltd. sold 2,492,440 ordinary shares and 249,107 Private Rights to Fog Cutter Holdings LLC in a sponsor handover that closed October 1, 2026. Fog Cutter became Tavia’s sponsor, while Tavia Sponsor retained 1,500,000 ordinary shares. Each Private Right provides for one-tenth of one ordinary share upon completion of Tavia’s initial business combination. Kanat Mynzhanov, a ten-percent owner of Tavia and controlling shareholder of Tavia Sponsor, held voting and investment discretion over the securities and disclaimed beneficial ownership except to the extent of his pecuniary interest.
Tavia Acquisition Corp. (TAVI) sponsor and 10% owner, Tavia Sponsor Pte. Ltd., reported sales to Fog Cutter Holdings LLC that closed October 1, 2026: 2,492,440 Ordinary Shares and 249,107 Private Rights. After closing, Tavia Sponsor Pte. Ltd. continued to hold 1,500,000 Ordinary Shares, and Fog Cutter became the sponsor. No Rule 10b5-1 plan is reported. Kanat Mynzhanov, the Sponsor's controlling shareholder, holds voting and investment discretion over its securities and disclaims beneficial ownership except to the extent of his pecuniary interest.
Tavia Acquisition Corp. reported that Fog Cutter Holdings LLC agreed to purchase 2,243,333 ordinary shares and 249,107 private placement units from Tavia Sponsor Pte. Ltd. under an agreement dated September 29, 2026. The transaction closed October 1, 2026, and Fog Cutter became the issuer’s sponsor. Each unit consists of one ordinary share and one right to receive one-tenth of an ordinary share upon completion of Tavia’s initial business combination. Tavia Sponsor retained 1,500,000 ordinary shares, approximately 17.1% of outstanding shares; those shares are also attributed indirectly to its controlling shareholder, Kanat Mynzhanov, who disclaims beneficial ownership except to the extent of his pecuniary interest. The ownership percentage uses 8,753,608 ordinary shares outstanding as of August 12, 2026.
Tavia Acquisition Corp. identifies Kenneth Jeffery Anderson as a director in a Form 3 beneficial ownership report.
Tavia Acquisition Corp. (TAVI) appointed Kenneth J. Anderson as a Class III director effective October 17, 2026, filling the vacancy left by Kanat Mynzhanov, who resigned on October 16, 2026. Anderson was also appointed to the Audit Committee and Compensation Committee. Tavia said Mynzhanov's resignation was not the result of a disagreement with the company regarding its operations, policies or practices.
Anderson currently serves as Chief Executive Officer of Cedar Tree Capital, an investment firm. In connection with his appointment, he is expected to join and execute, as applicable, the company's indemnity agreement and letter agreement.
Tavia Acquisition Corp. reports Fog Cutter Holdings, LLC, a ten percent owner, with direct holdings dated October 1, 2026, of 2,492,440 ordinary shares and 24,910 Private Rights. The ordinary-share amount includes 2,243,333 Ordinary Shares and 249,107 Ordinary Shares underlying Private Units; each Private Unit consists of one Ordinary Share and one Private Right. Under the Rights Agreement, each Private Right automatically converts into one-tenth of one Ordinary Share upon completion of Tavia Acquisition Corp.’s initial business combination.