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Tavia Acquisition Corp has announced the pricing of its initial public offering of 10,000,000 units at $10.00 per unit, totaling $100 million. Trading will commence on December 4, 2024, on the Nasdaq Global Market under symbol TAVIU. Each unit includes one ordinary share and one right to receive one-tenth of an ordinary share upon business combination completion.
The company focuses on sustainability sectors including energy transition, critical materials, circular economy, and agricultural technologies. EarlyBirdCapital is the sole book-running manager, with a 45-day option to purchase up to 1.5 million additional units. The offering is expected to close around December 5, 2024.
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