Tavia Acquisition Corp.’s Lock-Up Period To Expire on June 2nd (NASDAQ:TAVIU)

Tavia Acquisition’s (NASDAQ:TAVIU) lock-up period is set to end on Monday, June 2nd. Tavia Acquisition had issued 10,000,000 shares in its initial public offering on December 4th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. After the end of Tavia Acquisition’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Tavia Acquisition Stock Performance

TAVIU stock opened at $10.29 on Wednesday. Tavia Acquisition has a 1 year low of $9.99 and a 1 year high of $11.39. The stock’s 50-day moving average is $10.23.

Tavia Acquisition Company Profile

We are a blank check company incorporated on March 7, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”.