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Tavia Acquisition gains Fog Cutter as new sponsor

Tavia Sponsor retained approximately 17.1% of TAVI's outstanding ordinary shares after the sponsor handover.

(Neutral)

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

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.

Ordinary shares acquired 2,243,333 shares Fog Cutter Holdings LLC agreed to purchase these from Tavia Sponsor Pte. Ltd.
Private placement units acquired 249,107 units Fog Cutter Holdings LLC agreed to purchase these from Tavia Sponsor Pte. Ltd.
Ordinary shares retained 1,500,000 shares Held directly by Tavia Sponsor Pte. Ltd. after the transaction.
Reported ownership Approximately 17.1% Tavia Sponsor’s retained ordinary shares as a percentage of the class.
Ordinary shares outstanding 8,753,608 shares As of August 12, 2026; used to calculate the reported ownership percentage.
private placement units financial
"249,107 private placement units of the Issuer"
beneficially owned financial
"Amount beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power regulatory
"Sole power to vote or to direct the vote"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many TAVI shares and units did Fog Cutter Holdings acquire?

Fog Cutter Holdings LLC agreed to purchase 2,243,333 ordinary shares and 249,107 private placement units from Tavia Sponsor Pte. Ltd.; the transaction closed October 1, 2026. Each unit contains one ordinary share and one right to receive one-tenth of an ordinary share upon completion of Tavia’s initial business combination.

How many TAVI shares did Tavia Sponsor retain after the handover?

Tavia Sponsor Pte. Ltd. retained 1,500,000 ordinary shares, reported as approximately 17.1% of outstanding shares. The percentage was calculated using 8,753,608 ordinary shares outstanding as of August 12, 2026; the retained shares are also attributed indirectly to Kanat Mynzhanov as the sponsor’s controlling shareholder.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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G86880104

(CUSIP Number)
10/01/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Tavia Sponsor Pte. Ltd.
Signature:/s/ Jason T. Simon
Name/Title:Jason T. Simon, Attorney-in-Fact*
Date:10/23/2026
Kanat Mynzhanov
Signature:/s/ Jason T. Simon
Name/Title:Jason T. Simon, Attorney-in-Fact*
Date:10/23/2026

Comments accompanying signature: * The Powers of Attorney given by each of the Reporting Persons were previously filed as Exhibits 24.1 to the Form 3s filed by the Reporting Persons with the SEC on December 3, 2024, respectively, and are herein incorporated by reference.
Exhibit Information

Exhibit 1 Joint Filing Agreement (incorporated by reference to Exhibit 1 to the Schedule 13G filed by the Reporting Persons with the SEC on April 22, 2025).

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