GlobeNewswire Inc. · Dec 11, 2023
Update: SRIVARU Provides Business Update Following Successful Business Combination with Mobiv Acquisition Corp
Former Tesla Executive, Mohanraj Ramasamy, assumes role as CEO of the combined companies
MO
NASDAQ · MOBVU
Mobiv Acquisition Corp
Financial Services · Shell Companies
$4.99
Up+$0.87 (+21.12%)
Updated Sep 19, 2026, 1:36 PM
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- Market cap
- 16.63M
- P/E ratio
- 88.87
- Dividend yield
- 0.00%
- 52-week range
- — – —
- Volume
- 857
- Avg. volume
- 3.42K
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Overview
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Company profile
Mobiv Acquisition Corp is a blank check company. It intends to focus on businesses in the electric vehicles and urban mobility industries in Asia and Europe. The company was founded in 2022 and is based in Newark, Delaware. Mobiv Acquisition Corp operates as a subsidiary of Mobiv Pte. Ltd.
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GlobeNewswire Inc. · Dec 8, 2023
Mobiv Acquisition Corp Announces Closing of Business Combination with SRIVARU Holding Limited
Newark, Delaware, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) (the “Company” or “Mobiv”) announced that on December 8, 2023, the Company consummated the previously announced business combination with SRIVARU Holding Limited, a Cayman Islands exempted company (“SVH” or “SRIVARU”), and Pegasus Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of the SVH (“Merger Sub”), pursuant to the business combination agreement which was initially entered into on March 13, 2023, among the Company, SVH and Merger Sub, as amended by the first amendment to agreement and plan of merger, dated August 4, 2023 (as amended, the “Merger Agreement”). Pursuant to the Merger Agreement, several transactions will occur, and in connection therewith, SVH will be the parent company of the Company (the “Business Combination”).
GlobeNewswire Inc. · Nov 3, 2023
Mobiv Acquisition Corp Provides Further Update on Planned Business Combination
Newark, DE, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (the “Company” or “Mobiv”) announced that it intends to enter into a Lock-Up Waiver, to be effective November 7, 2023, with the underwriter of the Company’s initial public offering (the “Underwriter”) whereby the Underwriter will agree to waive certain lock-up restrictions applicable to up to 2,441,250 shares of Class B common stock and 543,300 shares of Class A common stock held by Mobiv Pte. Ltd., in connection with incentivizing certain investors to acquire shares of the Company’s Class A common stock currently subject to the exercise of the Company shareholders’ redemption rights, with a view toward withdrawing the exercise of such redemption.
GlobeNewswire Inc. · Oct 18, 2023
Mobiv Acquisition Corp Announces Trust Value Update
DELAWARE, USA, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) (“Mobiv”), a special purpose acquisition company, announced today that, as of September 30, 2023, the trust value was $61,120,249.39.
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