Tavia Acquisition Corp (NASDAQ: TAVI) is a blank-check special purpose acquisition company (SPAC) incorporated in the Cayman Islands that was formed to identify and complete a merger or acquisition with one or more target businesses. The company generates no operating revenue. Its sole income source, prior to a business combination, is interest earned on marketable securities held in a trust account, which totaled $120,754,293 as of December 31, 2025, including approximately $5,179,293 of accumulated interest. The company was incorporated on March 7, 2024, and its units began trading on the NASDAQ Global Market under the symbol TAVIU on December 4, 2024, with ordinary shares and rights trading separately under TAVI and TAVIR. The sponsor receives $10,000 per month for secretarial and administrative services. Management's stated acquisition focus draws on backgrounds in investment management, technology, mining, oil and gas, infrastructure, and cross-border transactions. No business combination had been completed as of the 10-K filing dated March 16, 2026.

Revenue model

No operating revenue. Income is derived entirely from interest earned on marketable securities held in the trust account. For the year ended December 31, 2025, trust account interest income was $4,827,356, producing net income of $3,605,405.

Products and services

Blank-check acquisition vehicle. Offers target businesses an alternative path to public listing in lieu of a traditional IPO process. No commercial products or services.

Customers and end markets

No customers in the commercial sense. End market is determined by the eventual acquisition target, which had not been identified as of the 10-K filing dated March 16, 2026. Management backgrounds span investment management, technology, mining, oil and gas, infrastructure, and transportation.

Value-chain role

Pre-combination SPAC serving as a publicly listed acquisition vehicle. Connects private target businesses with public capital markets. Sponsor provides administrative services at $10,000 per month.

Geographic exposure

Incorporated in the Cayman Islands. Listed on the NASDAQ Global Market. Management team has experience in cross-border and emerging market transactions, including Kazakhstan and Central Asia, based on disclosed executive backgrounds.

Source: SEC 10-K, filed 2026-03-16

Industry: Blank Checks