other
confidence high
sentiment neutral
materiality 0.40
Tavia Acquisition Corp. announces full exercise of IPO over-allotment, raising additional $15M
Tavia Acquisition Corp.
- Underwriters exercised over-allotment in full, purchasing 1,500,000 units at $10.00 each for gross proceeds of $15M.
- Total IPO units now 11,500,000 at aggregate offering price of $115M.
- Simultaneous private placement of $375,000 closed.
- Each unit consists of one ordinary share and one right for 1/10 share upon business combination.
- EarlyBirdCapital served as sole book-runner; securities trade on Nasdaq under TAVI, TAVIR, TAVIU.