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Tavia Acquisition Corp. Allows Separate Trading Of Ordinary Shares (TAVI) And Rights (TAVIR) Starting December 20

Benzinga ·  12/17 20:18

Tavia Acquisition Corp. (the "Company") announced that, commencing December 20, 2024, holders of the 11,500,000 units sold in the Company's initial public offering may elect to separately trade the ordinary shares and rights included in the units. Any units not separated will continue to trade on The Nasdaq Global Market (the "Nasdaq") under the symbol "TAVIU," and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols "TAVI" and "TAVIR," respectively. Unitholders will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into ordinary shares and rights.

The units were initially offered by the Company in an underwritten offering. EarlyBirdCapital, Inc. acted as the sole book-running manager of the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission (the "SEC") on December 3, 2024.

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