Mobiv Acquisition Corp (the “Company”) is a blank check company incorporated in the State of Delaware on January 7, 2022. The Company was formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar Business Combination with one or more businesses or entities (“Business Combination”). While the Company may pursue an initial Business Combination target in any business, industry or sector or geographical location, the Company intends to focus on businesses in the electric vehicles and urban mobility industries and expressly disclaims any intent to and will to pursue a Business Combination with any business located in China, Hong Kong, Macau, Taiwan, Russia or Iran.
Company profile
Ticker
MOBV, MOBVU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
874345206
MOBV stock data
Latest filings (excl ownership)
DEFM14A
Proxy related to merger
8 Sep 23
425
Business combination disclosure
5 Sep 23
8-K
Mobiv Acquisition Corp Announces Extension of Deadline to Complete Business Combination
5 Sep 23
425
Business combination disclosure
14 Aug 23
8-K
Other Events
14 Aug 23
10-Q
2023 Q1
Quarterly report
11 Aug 23
425
Business combination disclosure
9 Aug 23
425
Business combination disclosure
9 Aug 23
8-K
Other Events
9 Aug 23
425
Business combination disclosure
8 Aug 23
Latest ownership filings
SC 13G
Karpus Management, Inc.
8 Sep 23
SC 13G/A
Space Summit Capital LLC
8 Feb 23
SC 13G/A
Space Summit Capital LLC
18 Aug 22
4
Peter Bilitsch
10 Aug 22
4
Change in insider ownership
10 Aug 22
SC 13G
Space Summit Capital LLC
8 Aug 22
3
Initial statement of insider ownership
4 Aug 22
3
Weng Kiat Leow
4 Aug 22
3
Peter Bilitsch
4 Aug 22
3
John Peagam Garry
4 Aug 22
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| Change in cash | ||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 27.08 k | 27.08 k | 27.08 k | 27.08 k | 27.08 k | |
| Cash burn (monthly) | 129.03 k | (no burn) | (no burn) | 248.00 | 38.80 k | |
| Cash used (since last report) | 372.67 k | n/a | n/a | 716.27 | 112.07 k | |
| Cash remaining | -345.60 k | n/a | n/a | 26.36 k | -84.99 k | |
| Runway (months of cash) | -2.7 | n/a | n/a | 106.3 | -2.2 | |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 46 |
| Opened positions | 13 |
| Closed positions | 5 |
| Increased positions | 21 |
| Reduced positions | 7 |
| 13F shares | Current |
|---|---|
| Total value | 94.30 bn |
| Total shares | 14.43 mm |
| Total puts | 0.00 |
| Total calls | 55.37 k |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Karpus Management | 982.63 k | $10.39 bn |
| Polar Asset Management Partners | 900.00 k | $4.79 bn |
| Atlas Merchant Capital | 881.80 k | $4.68 bn |
| Taconic Capital Advisors | 860.00 k | $4.57 bn |
| CNH Partners | 806.78 k | $4.26 bn |
| Hudson Bay Capital Management | 789.20 k | $4.30 bn |
| Boothbay Fund Management | 789.09 k | $8.34 bn |
| Atw Spac Management | 787.36 k | $4.17 bn |
| MMCAP International Inc. SPC | 650.00 k | $3.46 bn |
| Wolverine Asset Management | 569.53 k | $3.44 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Aug 22 | Peter Bilitsch | Class A Common Stock, par value $0.000001 | Buy | Acquire P | Yes | No | 0 | 543,300 | 0.00 | 543,300 |
| 8 Aug 22 | Peter Bilitsch | Class B Common Stock, par value $0.000001 Class A Common Stock | Other | Acquire J | Yes | No | 0 | 543,300 | 0.00 | 3,014,550 |
| 8 Aug 22 | Mobiv Pte. | Class A Common Stock, par value $0.000001 | Buy | Acquire P | No | No | 0 | 543,300 | 0.00 | 543,300 |
| 8 Aug 22 | Mobiv Pte. | Class B Common Stock, par value $0.000001 Class A Common Stock | Other | Acquire J | No | No | 0 | 543,300 | 0.00 | 3,014,550 |
Press releases
Mobiv Acquisition Corp Announces Extension of Deadline to Complete Business Combination
5 Sep 23
SRIVARU Awarded Key Patent for Motorcycle Chassis with Traction Battery Pack Protection System
30 Aug 23
Mobiv Acquisition Corp Provides Business Update; Announces Increased Merger Consideration for Holders of Class A Common Stock That Do Not Redeem Their Shares Prior to Merger with SRIVARU Holding
9 Aug 23