Mobiv Acquisition Corp
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Peter Bilitsch
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 850 Library Avenue Newark DE United States of America 19711
- IPO Date
- Sep 27, 2022
- CIK
- 0001931691
- Similar Companies
- Business
- Mobiv Acquisition Corp (NASDAQ:MOBV) operates as a blank check company whose purpose is to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. The company focuses its search for a target business primarily in the electric vehicle and urban smart mobility sectors; this includes adjacent industries within the sustainable transportation ecosystem, with emphasis on regions such as Asia (including China, Hong Kong, Macau, Taiwan), Europe, Russia, and Iran. Incorporated in 2022 and headquartered at 850 Library Avenue, Suite 204, Newark, Delaware, Mobiv generates no operational revenue and maintains a trust account from its initial public offering proceeds, priced at $87 million in August 2022. In December 2023, Mobiv completed a reverse merger business combination with SRIVARU Holding Limited, a provider of premium electric motorcycles such as the Prana model featuring patented technology for safety and integrated charging; post-combination, Mobiv became a subsidiary of SRIVARU, whose shares began trading on Nasdaq under the ticker SVMH. Prior to closing, Mobiv executed multiple deadline extensions for the transaction through November 2023, contributed by its sponsor Mobiv Pte. Ltd., alongside stockholder approval in September 2023 and redemption results that preserved significant trust proceeds. As of late 2025, MOBV shares continue to trade at a reduced market capitalization, reflecting post-merger market dynamics in the electric mobility space.
Update: SRIVARU Provides Business Update Following Successful Business Combination with Mobiv Acquisition Corp
Mobiv Acquisition Corp Announces Closing of Business Combination with SRIVARU Holding Limited
Mobiv Acquisition Corp Enters into Amendment to Non-Redemption Agreement Extending Term
Mobiv Acquisition Corp Provides Further Update on Planned Business Combination
Mobiv Acquisition Corp Announces Trust Value Update
Mobiv Acquisition Corp Announces Extension of Deadline to Complete Business Combination
Mobiv Acquisition Corp Provides Further Update on Planned Merger with SRIVARU Holding Limited and Bonus Pool Shares
Mobiv Acquisition Corp Provides Update on Planned Business Combination with SRIVARU
Mobiv Acquisition Corp Announces Extension of Deadline to Complete Business Combination
Mobiv Acquisition Corp Provides Business Update; Announces Increased Merger Consideration for Holders of Class A Common Stock That Do Not Redeem Their Shares Prior to Merger with SRIVARU Holding
Mobiv Acquisition Corp Announces Extension of Deadline to Complete Business Combination