Mobiv Acquisition Corp (NASDAQ:MOBVW) operates as a blank check company whose principal business is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar initial business combination with one or more businesses. Incorporated in 2022 and headquartered at 850 Library Avenue, Suite 204, Newark, Delaware, the company focuses on targets in the electric vehicle and urban smart mobility sectors, including adjacent sustainable transportation industries, primarily throughout Asia, Israel and Europe excluding China, Hong Kong, Macau, Taiwan, Russia and Iran; it offers no operational products or services prior to completing a business combination. In December 2023, Mobiv closed a reverse merger transaction with SRIVARU Holding Ltd., a commercial-stage provider of premium electric motorcycles such as the Prana model with patented safety and stability technology, resulting in the combined entity trading under new symbols SVUHF and SVMHW while MOBV became a former designation.