NEWARK, Delaware, Sept. 23, 2022 (GLOBE NEWSWIRE) — Mobiv Acquisition Corp. (NASDAQ: MOBV, the “Company”) introduced that, commencing September 26, 2022, holders of the 8,700,000 models offered in the Company’s preliminary public providing could elect to individually commerce the Class A standard inventory and warrants included in the models. Any models not separated will proceed to commerce on The Nasdaq Stock Market (the “Nasdaq”) beneath the image “MOBVU,” and the separated Class A standard inventory and warrants are anticipated to commerce on the Nasdaq beneath the symbols “MOBV,” and “MOBVW,” respectively. No fractional warrants shall be issued upon separation of the models and solely entire warrants will commerce. Unitholders might want to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s switch agent, with a purpose to separate the models into Class A standard inventory and warrants.
The models had been initially provided by the Company in an underwritten providing. EF Hutton, division of Benchmark Investments, LLC, acted as the sole book-running supervisor of the providing. A registration assertion referring to the models and the underlying securities was declared efficient by the Securities and Exchange Commission (the “SEC”) on August 3, 2022.
The providing was made solely by means of a prospectus. Copies of the prospectus associated to this providing could also be obtained from EF Hutton, division of Benchmark Investments, LLC at Attn: Syndicate Department, 590 Madison Avenue, thirty ninth Floor, New York, New York 10022, by phone at (212) 404-7002, by fax at (646) 861-4697, or by e-mail at email@example.com. Copies of the registration assertion might be accessed by the SEC’s web site at www.sec.gov.
This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of these securities in any state or jurisdiction during which such supply, solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
About Mobiv Acquisition Corp.
Mobiv Acquisition Corp is a newly included clean test firm whose business goal is to impact a merger, capital inventory alternate, asset acquisition, inventory buy, reorganization or comparable business mixture with a number of companies or entities, which we discuss with as our preliminary business mixture. The Company intends to focus its seek for a goal business in the electrical automobile (“EV”) and concrete “smart” mobility trade that will embrace companies adjoining thereto in the sustainable transportation and associated ecosystem, which counterpoint the Company’s administration group’s backgrounds. The Company has not chosen any business mixture goal and we now have not, nor has anybody on our behalf, initiated any substantive discussions, straight or not directly, with any business mixture goal.
Mobiv Acquisition Corp. is led by Peter Bilitsch, the Company’s Chief Executive Officer and Weng Kiat (Adron) Leow, the Company’s Chief Financial Officer. The Company’s unbiased administrators embrace Lloyd Bloom, Garry Peagam, and Niels Strohkirch.
This press launch incorporates statements that represent “forward-looking statements,” together with with respect to the anticipated separation of the models into Class A standard inventory and warrants. No assurance might be provided that the models shall be separated as indicated. Forward-looking statements are topic to quite a few circumstances, many of that are past the management of the Company, together with these set forth in the Risk Factors part of the Company’s registration assertion and closing prospectus referring to the Company’s preliminary public providing filed with the SEC. Copies can be found on the SEC’s web site, www.sec.gov. The Company undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by legislation.
Mobiv Acquisition Corp
850 Library Avenue, Suite 204
Newark, Delaware 19711
Attn.: Mr. Peter Bilitsch
Chief Executive Officer