Tavia Acquisition Corp. Files S-1/A Amendment

TL;DR

Tavia Acquisition Corp. (TAVIA) filed an S-1/A amendment on 7/9/24. SPAC moving forward.

AI Summary

Tavia Acquisition Corp. filed an S-1/A amendment on July 9, 2024, for its registration statement. The company, incorporated in the Cayman Islands, is a blank check company with its principal executive offices located in Newark, Delaware. Donald J. Puglisi is associated with the company.

Why It Matters

This filing indicates Tavia Acquisition Corp. is moving forward with its plans as a special purpose acquisition company, potentially leading to a future business combination.

Risk Assessment

Risk Level: medium — As a blank check company, Tavia Acquisition Corp. has no commercial operations and its success depends on identifying and completing a business combination.

Key Numbers

• 333-280275 — SEC File Number (Identifies this specific registration filing with the SEC.)

Key Players & Entities

• Tavia Acquisition Corp. (company) — Registrant
• July 9, 2024 (date) — Filing date of S-1/A amendment
• Cayman Islands (location) — Jurisdiction of incorporation
• Donald J. Puglisi (person) — Associated individual
• Newark, DE (location) — Principal executive offices

FAQ

Key Financial Figures

• $175,000,000 — a0;DATED  JULY 9 , 2024 $175,000,000 Tavia Acquisition Corp. 17,500,000&
• $10.00 — ies. Each unit has an offering price of $10.00 and consists of one -half of one ordina
• $0.60 — ed share will pay an annual dividend of $0.60 per share, payable quarterly in cash or
• $11.50 — er at any time at a conversion price of $11.50 per share (as adjusted for share splits
• $14.00 — f our ordinary shares equals or exceeds $14.00 per share (as adjusted for share splits
• $100,000 — nt to permitted withdrawals (less up to $100,000 of interest to pay liquidation and diss
• $1.00 — by EBC or its designees), at a price of $1.00 per warrant for a total purchase price
• $4,500,000 — r warrant for a total purchase price of $4,500,000 in a private placement that will close
• $201,250,000 — f the private warrants, $175,000,000 or $201,250,000 if the underwriters’ over -allot
• $0.0001 — are to our preference shares, par value $0.0001 per share, that are being issued in thi
• $994 — Inc. for an aggregate purchase price of $994 in a private placement prior to this of
• $25,000 — to our sponsor for a purchase price of $25,000 in a private placement prior to this of
• $1,000,000 — irements, subject to an annual limit of $1,000,000, and / or to pay our taxes, if any; &
• $172 — se acquisition company that completed a $172 million initial public offering
• $8.98 — AQ for the Borealis ordinary shares was $8.98 on June 14, 2024. In September 

Filing Documents

• ea0206161-04.htm (S-1/A) — 2713KB
• ea020616104ex1-1_tavia.htm (EX-1.1) — 237KB
• ea020616104ex4-1_tavia.htm (EX-4.1) — 19KB
• ea020616104ex4-2_tavia.htm (EX-4.2) — 21KB
• ea020616104ex4-3_tavia.htm (EX-4.3) — 20KB
• ea020616104ex4-4_tavia.htm (EX-4.4) — 26KB
• ea020616104ex5-1_tavia.htm (EX-5.1) — 39KB
• ea020616104ex5-2_tavia.htm (EX-5.2) — 12KB
• ea020616104ex10-1_tavia.htm (EX-10.1) — 54KB
• ea020616104ex10-3_tavia.htm (EX-10.3) — 110KB
• ea020616104ex10-4_tavia.htm (EX-10.4) — 32KB
• ea020616104ex10-5_tavia.htm (EX-10.5) — 33KB
• ea020616104ex10-6_tavia.htm (EX-10.6) — 104KB
• ea020616104ex10-7_tavia.htm (EX-10.7) — 54KB
• ea020616104ex10-8_tavia.htm (EX-10.8) — 46KB
• ea020616104ex10-9_tavia.htm (EX-10.9) — 10KB
• ea020616104ex14-1_tavia.htm (EX-14.1) — 32KB
• ea020616104ex23-3_tavia.htm (EX-23.3) — 2KB
• ea020616104ex99-1_tavia.htm (EX-99.1) — 30KB
• ea020616104ex99-2_tavia.htm (EX-99.2) — 23KB
• ea020616104ex99-3_tavia.htm (EX-99.3) — 3KB
• ea020616104ex99-4_tavia.htm (EX-99.4) — 3KB
• ea020616104ex99-5_tavia.htm (EX-99.5) — 3KB
• ea020616104ex-fee_tavia.htm (EX-FILING FEES) — 21KB
• ex5-1_001.jpg (GRAPHIC) — 13KB
• ex5-1_002.jpg (GRAPHIC) — 5KB
• ex5-2_001.jpg (GRAPHIC) — 3KB
• 0001213900-24-060150.txt ( ) — 3675KB

Risk Factors

Risk Factors   31 Cautionary Note Regarding Forward-Looking Statements   65

Use of Proceeds

Use of Proceeds   66 Dividend Policy   70

Dilution

Dilution   71 Capitalization   73 Management’s Discussion and Analysis of Financial Condition and Results of Operations   74 Proposed Business   80 Management   102 Principal Shareholders   109 Certain Relationships and Related Party Transactions   111

Description of Securities

Description of Securities   114 United States Federal Income Tax Considerations   130

Underwriting

Underwriting   141 Legal Matters   150 Experts   150 Where You Can Find Additional Information   150 Index to Financial Statements   F-1 i Table of Contents SUMMARY This summary only highlights the more detailed information appearing elsewhere in this prospectus. As this is a summary, it does not contain all of the information that you should consider in making an investment decision. You should read this entire prospectus carefully, including the information under the section of this prospectus entitled “Risk Factors” and our financial statements and the related notes included elsewhere in this prospectus, before investing. Unless otherwise stated in this prospectus, or the context otherwise requires, references to: •          “amended and restated memorandum and articles of association” are to our memorandum and articles of association to be in effect upon completion of this offering; •          “Companies Act” are to the Companies Act (Revised) of the Cayman Islands as the same may be amended from time to time; •          “company,” “our company” “we,” “us” or “our” are to Tavia Acquisition Corp, a Cayman Islands exempted company; •          “convertible preferred shares” are to our preference shares, par value $0.0001 per share, that are being issued in this offering; •          “EBC founder shares” or “EBC Founder Shares” are to 200,000 ordinary shares that we issued to EarlyBirdCapital, Inc. for an aggregate purchase price o

View Full Filing

View this S-1/A filing on SEC EDGAR