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Mobiv Acquisition Corp - MOBV STOCK NEWS

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

Mobiv Acquisition Corp (MOBV) serves as a strategic platform in the electric vehicle and smart mobility sectors, currently advancing its business combination with SRIVARU to redefine sustainable urban transportation. This page aggregates official announcements, regulatory filings, and market analyses related to MOBV's activities.

Investors access timely updates on merger proceedings, shareholder participation opportunities, and post-combination operational strategies. Content spans financial disclosures, leadership appointments, and technological developments within the EV ecosystem. All materials derive from SEC filings and authorized company communications.

Key focus areas include merger completion timelines, pro-rata share distribution mechanisms, and growth strategies for the combined entity. The resource eliminates speculation by presenting verified information suitable for both active traders and long-term stakeholders.

Bookmark this page for structured access to MOBV's evolving narrative. Cross-reference materials with SEC.gov filings for complete due diligence. Consult your financial advisor before making investment decisions related to special purpose acquisition companies.

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SRIVARU Holding Limited (Nasdaq: SVMH) appoints former Tesla executive Mohanraj Ramasamy as CEO, poised to capture a significant share of the multi-billion-dollar Indian and global EV markets. The company is expected to commence trading on Nasdaq under the new ticker symbol 'SVMH' effective December 11, 2023.
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Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) completed a business combination with SRIVARU Holding Limited and Pegasus Merger Sub Inc. Stockholders received 3.572479901 shares of the Company’s Class A common stock, resulting in an aggregate of 4.572479901 ordinary shares of SVH. No fractional securities will be issued.
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Mobiv Acquisition Corp (Mobiv) Extends Non-Redemption Agreement and Securities Purchase Agreement, November 10, 2023
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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 November 8, 2023 to December 8, 2023. The extension is the seventh of up to nine one-month extensions permitted under the company’s governing documents. Mobiv Pte. Ltd. will deposit $100,000.00 into the company’s trust account on or before November 8, 2023, on behalf of the company.
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Mobiv Acquisition Corp announces intention to enter into a Lock-Up Waiver with the underwriter of its IPO. The waiver will waive certain lock-up restrictions on shares held by Mobiv Pte. Ltd., in connection with incentivizing investors to acquire shares subject to redemption rights.
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Mobiv Acquisition Corp announces trust value of $61,120,249.39
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Mobiv Acquisition Corp extends deadline for initial business combination
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Mobiv Acquisition Corp provides a business update regarding the planned merger with SRIVARU Holding Limited. Shareholders have until 3:00 pm ET on the day before closing to reverse their redemption election and receive a pro-rata share of 2,500,000 SRIVARU ordinary shares as merger consideration. If no additional redemptions are withdrawn, the pro rata Bonus Pool Shares would equal approximately 12 additional SRIVARU shares per each unredeemed Mobiv share.
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Mobiv stockholders vote to approve business combination with SRIVARU, a provider of premium electric motorcycles. More than 96% of votes cast at the Special Meeting voted in favor. Business combination expected to close upon satisfaction of all closing conditions. Mobiv's common stock and warrants will convert into ordinary shares and warrants of SRIVARU. SRIVARU's ordinary shares and warrants to begin trading on Nasdaq under new ticker symbols 'SVMH' and 'SVMHW'. Holders of unredeemed shares entitled to pro-rata portion of 2.5 million bonus shares pool. Business combination closing anticipated the week of October 2, 2023. SRIVARU expected to become first India-based, U.S.-listed electric motorcycle company.
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Mobiv Acquisition Corp announces filing of Definitive Proxy Statement for business combination with SRIVARU Holding Limited, a provider of premium electric motorcycles. Lock-Up Waiver granted for 100,000 shares of Class B common stock. CEO expresses confidence in SRIVARU's potential in India's $36 billion electric motorcycle market.
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Mobiv Acquisition Corp

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