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Friday, December 8, 2023

Equity Corporate Actions Alert #2023 - 715
Information Regarding the Business Combination of Mobiv Acquisition Corp (MOBV/U/W) & SRIVARU Holding Limited

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  • Industry Announcement

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The business combination of Mobiv Acquisition Corp (MOBV/U/W) & SRIVARU Holding Limited closed today, December 8, 2023. As a result of the business combination, the Class A Common Stock, Warrant, and Unit of Mobiv Acquisition Corp (MOBV/U/W) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Mobiv Acquisition Corp Class A Common Stock
CUSIP#: 60742N106
Symbol: MOBV
Last Trading Date: December 8, 2023
Marketplace Effective Date for Suspension: December 11, 2023
Merger Consideration: 4.572479901 shares of SRIVARU Holding Limited Ordinary Shares (SVMH) for each share held.

Company Name/Issue: Mobiv Acquisition Corp Warrant
CUSIP#: 60742N114
Symbol: MOBVW
Last Trading Date: December 8, 2023
Marketplace Effective Date for Suspension: December 11, 2023
Merger Consideration: One (1) SRIVARU Holding Limited Warrant expiring 12/8/2028 (SVMHW) for each warrant held.

Company Name/Issue: Mobiv Acquisition Corp Unit
CUSIP#: 60742N205
Symbol: MOBVU
Last Trading Date: December 8, 2023
Marketplace Effective Date for Suspension: December 11, 2023
Merger Consideration: Unit will separate into its components.

As a result of the merger, the combined company will be domiciled in the Cayman Islands and it's Ordinary Shares will be listed on the Nasdaq Global Market and it's Warrants will be listed on the Nasdaq Capital Market. The details are as follows:

Company Name/Issue: SRIVARU Holding Limited Ordinary Shares
CUSIP#: G8403L102
Symbol: SVMH
Marketplace Effective Date: December 11, 2023

Company Name/Issue: SRIVARU Holding Limited Warrant expiring 12/8/2028
CUSIP#: G8403L110
Symbol: SVMHW
Marketplace Effective Date: December 11, 2023

If you would like to register as a market maker in SVMH or SVMHW, contact Nasdaq Trading Services at +1 212 231 5100.


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