- Business
- Tavia Acquisition Corp. is a blank-check company sponsored by Cayman Islands exempted company Tavia that seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, focusing primarily on targets in energy transition, circular economy initiatives, critical materials, and agricultural and food technologies in North America and Europe; it generates no operating revenues and holds cash equivalents in trust for deployment in a de-SPAC transaction. Founded in 2024 and headquartered at 850 Library Avenue, Suite 204, Newark, Delaware, with a London, United Kingdom contact address, the company completed a downsized $100 million initial public offering of 10 million units at $10 each on December 4, 2024, underwritten by EarlyBirdCapital, down from an initial $175 million target with adjusted unit structure to one ordinary share and one right for one-tenth ordinary share upon business combination closing; units began separate trading as TAVI ordinary shares and TAVIR rights on Nasdaq Global Market shortly thereafter. Led by Chairman and CEO Kanat Mynzhanov, formerly of Oxus Acquisition Corp. which merged with Borealis Foods Inc. (NASDAQ: BRLS), and CFO Askar Mametov, the management team leverages expertise in cross-border deals, energy transition, and food production sectors, while filing quarterly 10-Q reports through August 2025 and Schedule 13G ownership disclosures reflecting institutional investor interest without announcing a merger target as of late 2025.