Mobiv Acquisition Corp extends deadline to Feb 2024; ~$45.85M redeemed

Mobiv Acquisition Corp

Stockholders approved extension to Feb 2024 with monthly $100,000 deposits.
4,331,613 Class A shares redeemed at ~$10.58/share, totaling ~$45.85M; ~$60.05M remains in trust.
Sponsor makes first extension payment of $100,000 for extension from July 15 to Aug 8, 2023.
Trust agreement amended to reflect extended liquidation date.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Mobiv Acquisition Corp: Amended the charter to extend the business combination deadline from July 8, 2023 to July 15, 2023 and allow further monthly extensions up to February 8, 2024 (effective 2023-07-07).

Change: charter amendment
Effective: 2023-07-07

Exact text from the filing

On July 7, 2023, the Company filed a Certificate of Amendment of the Charter with the Secretary of State of the State of Delaware (the “ Charter Amendment ”) to reflect the Charter Amendment Proposal and address any scrivener’s or typographical errors.

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Source: SEC EDGAR

accession 0001193125-23-183878

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