Walleye Capital Discloses 5.1% Stake in SRIVARU Holding Ltd

TL;DR

**Walleye Capital just bought 5.1% of SRIVARU, signaling institutional interest.**

AI Summary

Walleye Capital LLC, a Minnesota-based investment firm, reported owning 1,000,000 ordinary shares of SRIVARU Holding Ltd as of December 31, 2023. This stake represents 5.1% of SRIVARU's outstanding shares, triggering a Schedule 13G filing. This matters to investors because it signals that a significant institutional investor sees value in SRIVARU, potentially indicating future confidence or increased trading activity in the stock.

Why It Matters

A new institutional investor taking a significant stake can boost investor confidence and potentially increase demand for the stock.

Risk Assessment

Risk Level: low — This filing indicates a new institutional investor, which is generally a positive sign and does not inherently increase risk.

Analyst Insight

Investors should note the new institutional interest in SRIVARU Holding Ltd, which could be a positive signal. Further research into Walleye Capital's investment strategy and SRIVARU's fundamentals would be prudent.

Key Numbers

• 1,000,000 — Ordinary Shares Owned (Number of SRIVARU Holding Ltd shares owned by Walleye Capital LLC)
• 5.1% — Percentage of Class (Percentage of SRIVARU Holding Ltd's ordinary shares owned by Walleye Capital LLC)

Key Players & Entities

• Walleye Capital LLC (company) — the reporting person acquiring shares
• SRIVARU Holding Ltd (company) — the subject company whose shares were acquired
• Minnesota (company) — place of organization for Walleye Capital LLC
• December 31, 2023 (date) — date of event requiring the filing
• $0.01 (dollar_amount) — par value per ordinary share of SRIVARU Holding Ltd

Forward-Looking Statements

• SRIVARU Holding Ltd's stock price may see increased trading volume due to Walleye Capital's disclosed stake. (SRIVARU Holding Ltd) — medium confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.01 — of Issuer) Ordinary shares, par value $0.01 per share (Title of Class of Securiti
• $11.50 — ise of warrants at an exercise price of $11.50 per Ordinary Share (each, a "Warrant")

Filing Documents

• ef20018470_sc13g.htm (SC 13G) — 61KB
• 0001140361-24-001740.txt ( ) — 62KB

From the Filing

SC 13G 1 ef20018470_sc13g.htm SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* SRIVARU Holding Limited (Name of Issuer) Ordinary shares, par value $0.01 per share (Title of Class of Securities) G8403L102 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. G8403L102 SCHEDULE 13G/A Page 2 of 5 Pages 1 NAMES OF REPORTING PERSONS Walleye Capital LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Minnesota NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 11,960,067 (1) 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 11,960,067 (1) 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,960,067 (1) 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 31.88% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA (1) See Note in Item 4. CUSIP No. G8403L102 SCHEDULE 13G/A Page 3 of 5 Pages Item 1. (a) Name of Issuer SRIVARU Holding Limited Item 1. (b) Address of Issuer's Principal Executive Offices 2nd Floor, Regatta Office Park, West Bay Road P.O. Box 10655 Grand Cayman, KY1-1006 Cayman Islands Item 2. (a, b, c) Names of Person Filing, Address of Principal Business Office, Citizenship: Walleye Capital LLC, a Minnesota limited liability company, 2800 Niagara Lane N, Plymouth, MN 55447. Item 2. (d) Title of Class of Securities Ordinary shares, par value $0.01 per share ("Ordinary Shares") Item 2. (e) CUSIP No.: G8403L102 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Information with respect to the Reporting Person's ownership of the Ordinary Shares as of December 31, 2023, is incorporated by reference to items (5) - (9) and (11) of the cover page for the Reporting Person. Note: The Reporting Person's beneficial ownership reported herein includes 11,685,272 Ordinary Shares and 274,795 Ordinary Shares obtainable within 60 days upon exercise of warrants at an exercise price of $11.50 per Ordinary Share (each, a "Warrant") beneficially owned by the Reporting Person. The Warrants become exercisable 30 days after the closing of the Issuer's business combination with Mobiv Acquisition Corp on December 8, 2023, percentage of the Ordinary Shares beneficially owned by the Reporting Person reported herein is calculated based on a total of 37,236,763 outstanding Ordinary Shares as of December 28, 2023, as reported in the Issuer's annual report on Form 20-F filed with the Securities and Exchange Commission on December 28, 2023, plus 274,795 Ordinary Shares obtainable within 60 days upon exercise of Warrants beneficially owned by the Reporting Person. CUSIP No. G8403L102 SCHEDULE 13G/A Page 4 of 5 Pages Item 5. If this statement is being filed to report the fact that

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