- Business
- Tavia Acquisition Corp. Tavia Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands on March 7, 2024, and headquartered at 850 Library Avenue, Suite 204, Newark, Delaware, United States. The company has no significant current operations and focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in North America and Europe within energy transition, circular economy, and agricultural and food technologies sectors. It raises capital through public offerings, such as its initial public offering of 11,500,000 units, to pursue these strategic combinations without generating conventional operating revenues. Recently, on December 16, 2024, Tavia Acquisition Corp. announced the separate trading of its ordinary shares (TAVI) and rights (TAVIR) commencing December 20, 2024, while unseparated units continue trading under TAVIU on Nasdaq; additionally, institutional investors including Magnetar Financial LLC, Goldman Sachs Group Inc. The Goldman Sachs Group, Inc., and others established new stakes in the company during 2025.