secwatch.observer — SEC 8-K summary
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Issuer:     Tavia Acquisition Corp. (TAVI)
CIK:        0002020385
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001213900-24-108952
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tavia Acquisition Corp. completes $100M IPO and over-allotment; auditor flags going concern
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- IPO of 10M units at $10/unit grossed $100M; private placement of 350K units at $10 grossed $3.5M.
- Over-allotment fully exercised: 1.5M additional units at $10 generating $15M; total trust proceeds $100.5M.
- Auditor Marcum issued going concern opinion citing lack of capital to fund operations for one year.
- Working capital deficit of $202,614 as of December 5, 2024.
- Sponsor committed to fund working capital needs until earlier of business combination or one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2020385/000121390024108952/0001213900-24-108952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2020385/000121390024108952/ea0224299-8k_tavia.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-108952

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