Tenor-linked investors report 6.8% Tavia Acquisition (TAVI) stake in 13G/A
Rhea-AI Filing Summary
Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah report a 6.8% beneficial stake in Tavia Acquisition Corp.’s ordinary shares. They report beneficial ownership of 1,090,000 ordinary shares, based on 15,920,833 shares outstanding as stated in the issuer’s Form 10-Q.
The shares are held by Tenor Opportunity Master Fund, Ltd., with Tenor Capital as investment manager and Shah linked through the general partner. The filers state the holdings are not for the purpose of changing or influencing control and each disclaims beneficial ownership beyond any pecuniary interest.
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FAQ
What ownership stake in Tavia Acquisition Corp. (TAVI) is reported in this Schedule 13G/A?
The filing reports a 6.8% beneficial ownership stake in Tavia Acquisition Corp. Tenor Capital Management, Tenor Opportunity Master Fund, and Robin Shah report 1,090,000 ordinary shares, representing 6.8% of the class, based on 15,920,833 shares outstanding from the company’s Form 10-Q.
Who are the reporting persons in the Tavia Acquisition Corp. (TAVI) Schedule 13G/A?
The reporting persons are Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah. Tenor Capital is the investment manager to the fund holding the shares, and Robin Shah is associated through the general partner of Tenor Capital.
How is the 6.8% ownership in Tavia Acquisition Corp. (TAVI) calculated in the filing?
The 6.8% figure is calculated using 1,090,000 shares over 15,920,833 outstanding shares. The filing cites the issuer’s Form 10-Q, which states 15,920,833 ordinary shares issued and outstanding as of the date of that report, forming the basis for the percentage.
Do the reporting persons claim intent to influence control of Tavia Acquisition Corp. (TAVI)?
The reporting persons certify the securities were not acquired to change or influence control. They state the shares are not held for transactions with that purpose or effect, apart from activities solely tied to a nomination under the relevant proxy rule cited in the certification.