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Mobiv Acquisition Corp

mobiv.ac

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2023 10-Q, filed Nov 14, 2023. Its latest SEC filing is a SC 13G/A from Feb 5, 2024.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Seeks to merge with or acquire businesses, focusing on electric vehicles and urban mobility.

How Did They Make Money?

No revenue was reported.

How Were They Changing?

Since the FY2022 annual report
Latest quarter: Q3 FY2023, the three months to Sep 30, 2023
Net income
▲ +371% (Loss)
vs −$90K in Q3 FY2022
  • Nov 8, 2023 Investors agreed to withdraw redemptions and acquire shares tied to the merger Mobiv guaranteed the investors at least 20 SRIVARU shares for each Mobiv share exchanged at the merger’s effective time.
  • Nov 8, 2023 Mobiv extended its deadline to complete a business combination The deadline moved from November 8, 2023, to December 8, 2023, using the seventh permitted one-month extension.
  • Aug 9, 2023 Mobiv increased merger consideration for shareholders who do not redeem The amendment added a pro rata share of 2,500,000 SRIVARU shares to the consideration for eligible shareholders.

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