Tavia Acquisition Corp. closes $100M IPO, places $100.5M in trust for SPAC

Tavia Acquisition Corp.

IPO of 10M units at $10/unit grossed $100M; units trade on Nasdaq as TAVIU.
Private placement of 350,000 units to sponsor and EarlyBirdCapital raised $3.5M.
Net proceeds of $100.5M deposited into trust account; 18-month deadline for business combination.
Target sectors: energy transition, critical materials, circular economy, agri-food technologies.
New directors appointed: Christophe Charlier, Marsha Kutkevich, Darrell Mays.

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