TAVI SEC filings, in plain English
Everything Tavia has filed with the SEC that we hold — 40 filings, newest first, 39 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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What changed: Routine compliance exhibit: a Joint Filing Statement pursuant to Rule 13d-1(k)(1) attached to a Schedule 13G/A beneficial ownership report. This filing does not modify redemption deadlines, trust account valuations, extension triggers, deal advancement, or sponsor conduct. It solely documents that Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah consented to jointly file this Schedule 13G/A under Securities Exchange Act rules, with Robin Shah attesting as Managing Member of Tenor Management GP, LLC, Authorized Signatory for the master fund, and individually. No figures regarding holdings, percentages, acquisition targets, or trust balances are contained in this text. Why it matters: The document confirms the joint filing framework for the reporting entities and maintains uninterrupted SEC disclosure obligations without altering shareholder redemption windows, merger vote scheduling, or extension vote procedures. Because it contains no business operations data, customer claims, revenue metrics, market size estimates, strategic initiatives, technology disclosures, partnership announcements, litigation allegations, or personnel changes beyond the signatories, it offers no direct signal on deal completion probability, sponsorship behavior, or net asset value pressure. Investors tracking Tavia Acquisition Corp. should cross-reference the main Schedule 13G/A cover pages to determine whether the filers crossed beneficial ownership reporting thresholds, adjusted passive versus active classification, or signaled conviction ahead of the March 2027 expiration.
What changed: Schedule 13G/A amendment and its attached Exhibit A, a Joint Filing Agreement executed under Rule 13d-1(k) for the Ordinary Shares of Tavia Acquisition Corp., submitted by Westchester Capital Management, LLC; Virtus Investment Advisers, LLC; and The Merger Fund. According to the Joint Filing Agreement dated August 14, 2026, signed by Chief Compliance Officer CaSaundra Wu, Chief Compliance Officer James Sena, and Vice President, Counsel and Assistant Secretary Daphne Chisolm, the three investment entities formally agreed to file a single beneficial ownership statement on behalf of each other. The provided excerpt contains no amended percentage ownership, share quantities, acquisition prices, or statements regarding changes in investment purpose. Consequently, the filing discloses no adjustments to redemption mechanics, trust account valuation, extension requests, merger completion status, or sponsor governance. It also contains no operational, financial, or strategic assertions regarding customers, revenue, market size, technology, partnerships, litigation, or executive appointments. Why it matters: The document functions exclusively as a procedural compliance attachment required by the Securities and Exchange Commission for joint reporting among affiliated or cooperating institutional holders. Because the text omits the core Schedule 13G/A body—which would typically disclose aggregate stake sizes, trigger thresholds, and transaction timelines—it provides no quantitative basis to assess anchor investor support, potential redemption waves, or deadline pressure relative to the SPAC’s contractual termination window. The filing confirms routine regulatory adherence by the referenced investment vehicles and their authorized counsel through August 14, 2026, but offers no actionable intelligence on deal financing, shareholder voting dynamics, or business combination execution.
What changed: Amended beneficial ownership report (Schedule 13G/A). Polar Asset Management Partners Inc. filed an amendment to its Schedule 13G to report beneficial ownership of TAVI shares. The excerpt does not disclose the updated share count, percentage ownership, acquisition timeline, or the specific triggering event for the amendment. Why it matters: For a SPAC in DEAL_ANNOUNCED status, shifts in institutional beneficial ownership can alter public float dynamics, change voting leverage for a proposed business combination or extension vote, and signal retail/institutional positioning ahead of potential redemptions. Because Polar Asset Management Partners Inc. did not provide numerical share quantities, ownership percentages, or amendment context in this filing excerpt, the concrete impact on redemption mechanics, trust fund preservation, extension decision-making, or sponsor conduct cannot be assessed. The document contains no statements, metrics, or disclosures regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel.
What changed: A Limited Power of Attorney pursuant to the Securities Exchange Act of 1934, submitted as Exhibit A to a Schedule 13G filing, executed by Mizuho Financial Group, Inc. and its subsidiaries. This document asserts zero changes to Tavia’s redemption deadlines, trust value, extension provisions, merger progress, or sponsor conduct; according to Mizuho Financial Group, Inc., it solely establishes internal signing authority for Section 13(d) and 13(g) disclosures. Regarding other substance, the filing claims only administrative and classification details: Mizuho designates Takahiro Katsura as Managing Director, Head of Global Branches & Subsidiaries Coordination Office, Shuji Matsuura as Senior Managing Corporate Executive (and Managing Executive Officer, Head of Global Corporate & Investment Banking Division), and Adam Hopkins as Chief Legal Officer (and Managing Director, General Counsel). Mizuho further provides office addresses at 1-5-5, Otemachi, Chiyoda-ku, Tokyo 100-8176, Japan and 1271 Avenue of the Americas, NY, NY 10020, USA, classifies Mizuho Bank, Ltd. as a non-U.S. institution equivalent to Bank, Mizuho Americas LLC as a parent holding company, and Mizuho Securities USA LLC as a registered Broker-Dealer. The document makes no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel shifts beyond these executive designations. Why it matters: Investors tracking Tavia should note that this routine compliance exhibit only facilitates timely SEC reporting for Mizuho’s equity position, leaving all merger timeline parameters, trust distribution mechanics, and shareholder redemption windows entirely unaffected.
What changed: routine compliance exhibit. The filing identifies Barclays PLC as the reporting entity amending its beneficial ownership statement. The provided excerpt discloses no percentage thresholds, share counts, acquisition dates, or transaction purposes typically required in Schedule 13G amendments, and it bears no information regarding TAVI’s redemption deadline, trust account valuation, extension mechanism, business combination progress, or sponsor conduct. Why it matters: As a standard regulatory filing tracking institutional holdings, this document contains no operational, financial, or strategic disclosures. It solely serves to update public records of Barclays PLC’s ownership position under Section 13(d) of the Securities Exchange Act.
What changed: 10-Q (Quarterly Report) for the quarterly period ended June 30, 2026, filed by Tavia Acquisition Corp. with the SEC on August 12, 2026. Shareholders approved an extension of the business combination deadline from June 5, 2026 to March 5, 2027. In connection with the extension, 7,167,225 public shares were redeemed at approximately $10.66 per share, reducing the trust account from $120.8 million to $46.4 million. The sponsor agreed to make monthly contributions of up to $60,000 (or $0.03 per share) to the trust account and issued a promissory note for up to $540,000 to fund those contributions. Post-period, on July 13, 2026, the company announced a non-binding letter of intent for a business combination with Vita Inclinata Technologies, Inc. Trust value per share as of June 30, 2026 is approximately $10.70. The company reported a working capital deficit of $2.6 million and management expressed substantial doubt about going concern. Why it matters: This filing provides critical updates on the SPAC's timeline (extended to March 2027), the trust account balance after a large redemption, and the first concrete sign of a deal target (Vita Inclinata). The sponsor's financing commitments and the company's cash position are key for investors assessing redemption risk and the likelihood of a successful combination.
What changed vs 2026-05-12trust $121.8M → $46.4M -62%deadline 2026-06-05 → 2027-03-05shares 11.5M → 4.33M -62%trust account, combination deadline, redeemable shares +13 moved · 1 with no prior record of ours
- Trust account
- $121.8M$46.4M
- Combination deadline
- 2026-06-052027-03-05
- Redeemable shares
- 11.5M4.33M
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $75,446,605 left the trust between the two filings.
The clause …“90,017 131,850 Total current assets 303,501 361,475 Marketable securities held in Trust Account 46,369,473 120,754,293 Total Assets $ 46,672,974 $ 121,115,768 Liabilities, Ordinary Shares Subject to Possible Redemption, and”…
SpacBrain reads this as 273 days later than the previous record.
The clause …“business combination from June 5, 2026 (the Previous Termination Date ) to March 5, 2027, or such earlier date as determined by our board of directors (such applicable date, the Extended Date ), for a total extension of up to nine”…
SpacBrain reads this as 7,167,225 shares are no longer redeemable.
The clause “00 Private Shares issued at the closing of the over-allotment option, excluding 4,332,775 and 11,500,000 shares subject to possible redemption as of June 30, 2026 and December 31, 2025, respectively. Holders of ordinary shares of record”…
The clause …“Board s ( FASB ) ASC Subtopic 205-40, Presentation of Financial Statements Going Concern, management has determined that the Company s liquidity condition and, due to the mandatory liquidation should a Business Combination not occur”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: A Form 8-K filed under Rule 425 that publishes a joint press release announcing the execution of a non-binding letter of intent for a proposed de-SPAC business combination. No alterations to redemption mechanics, trust accounting, or shareholder exit timelines are disclosed. The SPAC’s trust remains at $10.70 per share, the mandatory liquidation deadline stays fixed at March 5, 2027, and neither an extension, amendment to redemption rights nor a sponsor deposit change is referenced in this filing. Why it matters: Deal progress advances to a signed LOI stage with an identified target and preliminary valuation benchmark. Per the attached press release, Tavia Acquisition Corp. and Vita Inclinata Technologies, Inc. (“Vita”) entered into a non-binding letter of intent that values Vita at a pre-money enterprise value of $450 million, a figure explicitly conditioned on Vita successfully completing its own pending strategic acquisition in the defense and industrials market. The parties established a 45-day exclusivity period for due diligence and definitive agreement negotiations, with Tavia Chairman and Chief Executive Officer Kanat Mynzhanov stating a definitive agreement is expected within the next thirty days and closing anticipated in the fourth quarter of 2026. Vita Chief Executive Officer Caleb Carr stated the public listing would strengthen Vita’s ability to “invest in innovation,” “expand our portfolio of products and solutions,” and “pursue new opportunities.” Advisor disclosures name Cohen & Company Capital Markets as lead financial and capital markets advisor to Tavia, EarlyBirdCapital as capital markets advisor, Greenberg Traurig LLP as legal counsel to Vita, and Reed Smith LLP as legal counsel to Tavia. All assertions regarding Vita’s engineering capabilities, customer focus, pending transactions, projected timelines, and market positioning are sourced exclusively from the joint press release and respective corporate officers, as repeatedly flagged in the document’s forward-looking statements section. The filing emphasizes that terms may differ materially, closing is subject to customary conditions (board approval, shareholder votes, regulatory clearance, definitive agreement execution), and no assurances are given that the transaction will close. Investors are directed to the forthcoming proxy statement/prospectus for binding redemption mechanics, trust distribution details, and actual deal terms.
What changed: Form 8-K current report (Regulation FD Disclosure) furnishing a press release announcing the execution of a non-binding Letter of Intent for a proposed de-SPAC business combination between Tavia Acquisition Corp. and Vita Inclinata Technologies, Inc. Establishes a 45-day exclusivity period for due diligence and definitive agreement negotiations. Projects execution of a definitive agreement within 30 days and closing in the fourth quarter of 2026. Leaves trust account structures, shareholder redemption windows, and extension provisions unmodified. Designates Cohen & Company Capital Markets as lead financial advisor, EarlyBirdCapital as capital markets advisor, Greenberg Traurig LLP as legal counsel to Vita, and Reed Smith LLP as legal counsel to Tavia. Why it matters: Caleb Carr, Chief Executive Officer of Vita, attributed a pre-money enterprise value of $450 million to Vita, expressly conditional on Vita successfully completing a pending strategic acquisition within the defense and industrials market. Carr stated Vita’s strategy focuses on engineering expertise and operational excellence to deliver solutions that improve safety, precision, and operational performance in demanding environments. The filing triggers the upcoming obligation to file a Form S-4 registration statement and proxy statement/prospectus, which will contain the definitive valuation, sponsor lock-up details, and formal redemption mechanics for shareholders. Institutional and strategic investor indications are expected concurrent with the definitive agreement.
What changed: Routine compliance exhibit: an Amended Schedule 13G beneficial ownership report filed by Karpus Management, Inc. The filing is an amendment to a prior 13G; however, the provided excerpt discloses no updated share counts, transaction dates, or revised percentage thresholds. Bearing on redemption deadlines, trust value, extensions, deal progress, and sponsor conduct, the document presents none. As stated by the filer, Karpus Management, Inc. remains the reporting holder, but no mechanical triggers, redemption instructions, or financing milestones are articulated. Why it matters: For investors monitoring capital calls and deal timing, this amendment solely updates the public ledger of a greater-than-5% equity position. The text contains no claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Because it supplies no numerical disclosures beyond the holder’s identity, it does not independently shift expectations regarding the announced business combination, the trust reserve, or the March 5, 2027 deadline. Its substantive impact is limited to the filer’s regulatory attestation of ongoing beneficial ownership.
What changed: A Form 8-K Current Report (routine compliance exhibit and disclosure filing) documenting the results of an extraordinary general meeting, the execution of a sponsorship financing note, and corporate charter amendments. Per the 8-K filed by Tavia Acquisition Corp., shareholders voted on June 2, 2026, to amend the articles of association, extending the business combination termination date from June 5, 2026, to March 5, 2027. The final tally reported in the filing shows 10,670,952 votes for, 3,334,839 against, and 1,000 abstentions, based on 14,006,791 shares present (approximately 87.978% of the 15,920,833 shares outstanding on the May 4, 2026 record date). Following the extension approval, 7,167,225 ordinary shares were redeemed at approximately $10.66 per share for an aggregate amount of approximately $76.4 million. The filing states that approximately $46.2 million remains in the Trust Account after satisfying the redemptions, leaving 8,753,608 ordinary shares outstanding. Concurrently, the sponsor, Tavia Sponsor Pte. Ltd., executed an unsecured promissory note for up to $540,000 to facilitate monthly direct contributions of up to $60,000 to the Trust Account. The note, signed by Chief Executive Officer Kanat Mynzhanov on behalf of the issuer and Director Thomas Haeusler on behalf of the payee, bears no interest, matures on the earlier of a business combination or effective winding-up, is repayable solely from non-Trust assets if no combination occurs, and contains a full waiver of any sponsor claim against the Trust Account. The accompanying Exhibit 3.1 amends Article 50.7 to lower the maximum allowable withdrawal for liquidation and dissolution expenses from US$100,000 to US$50,000. Why it matters: This filing materially resets the redemption and extension timeline to March 5, 2027, while executing a large-scale cash drain from the Trust Account that alters the per-share economic profile for remaining holders. The disclosed redemption of 7,167,225 shares at $10.66 reduces public float but preserves a higher residual trust value per remaining share, which typically strengthens the floor for future negotiations or extends the runway before trust depletion becomes critical. The sponsor’s $540,000 zero-interest, non-recourse note provides verified working capital continuity without triggering equity dilution or warrant conversions, demonstrating sponsor alignment with the extension thesis. The unilateral reduction of the liquidation expense cap to US$50,000 slightly mitigates potential trust erosion in a default scenario. Leadership continuity is confirmed, as Chairman and Chief Executive Officer Kanat Mynzhanov countersigned both the current report and the financing instrument, while Director Thomas Haeusler formally accepted the obligations on the sponsor’s side.
What changed: A Schedule 13G/A, designated by the SEC as a beneficial ownership report, submitted by KARPUS MANAGEMENT, INC. The provided excerpt contains only a filing identifier and holder name. It discloses no amended share quantities, percentage thresholds, voting rights, acquisition dates, or transaction pricing. Accordingly, it reports zero changes to the announced merger structure, the $10.7 per-share trust allocation reference, the 2027-03-05 redemption/extension deadline, or sponsor conduct. Why it matters: Schedule 13G/A filings serve as routine compliance exhibits that amend prior >5% beneficial ownership disclosures. In this case, without the accompanying amendment text specifying revised purchase dates, purpose statements, or future disposal intentions, it does not signal new capital inflows, sponsor realignment, or pressure on conversion mechanics. The document contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. It remains a standard regulatory update with no immediate impact on tracked trust values, deadline mathematics, or deal execution timelines.(flagged for human review)
What changed: Routine compliance exhibit – Schedule 13G/A, an amended beneficial ownership report filed on 2026-06-03 for TAVI by Wealthspring Capital LLC and Matthew Simpson. The provided excerpt isolates only the reporting entities and SEC accession number [0001844495-26-000021]. It discloses no revised percentage ownership, acquisition dates, aggregate share quantities, or transaction purposes. Accordingly, it reports no adjustments to redemption windows, trust-per-share valuations, extension provisions, merger completion milestones, or sponsor fiduciary conduct within the visible text. Why it matters: Even when the operative financials are absent from a snippet, the submission of an amended 13G signals that at least one reporting party altered holdings, corrected prior disclosures, or triggered threshold reporting rules, directly informing how investors stress-test redemption modeling and proxy alignment before the 2027-03-05 deadline. Because this excerpt contains no customer metrics, revenue assertions, total addressable market estimates, technology roadmap disclosures, partnership announcements, litigation updates, or personnel transitions, no business or strategic claims can be attributed to any executive, director, or sponsor entity without pulling the full attached exhibit. Tracking whether Wealthspring Capital LLC and Matthew Simpson increased or decreased concentration remains critical for gauging institutional conviction in the announced merger timeline and for anticipating whether large shareholders are positioning to fund operations, vote on extensions, or prepare for cash-out redemptions.
What changed: Routine compliance exhibit: a Joint Filing Agreement (Exhibit A) submitted as part of a Schedule 13G beneficial ownership report for the Ordinary Shares of Tavia Acquisition Corp. Administrative disclosure only. Westchester Capital Management, LLC, Virtus Investment Advisers, LLC, and The Merger Fund executed an agreement on May 15, 2026, to jointly file a Schedule 13G under Rule 13d-1(k) of the Securities Exchange Act of 1934. The text contains zero provisions, updates, or data touching the trust account balance, shareholder redemption windows, extension resolutions, target negotiation status, or sponsor fiduciary conduct. Executed by CaSaundra Wu (Chief Compliance Officer), Chetram Persaud (Chief Compliance Officer), and Daphne Chisolm (Vice President, Counsel and Assistant Secretary), it introduces no commentary on customer contracts, revenue streams, market sizing, technological roadmaps, strategic alliances, pending lawsuits, or executive personnel movements. Why it matters: Validates that three institutional vehicles have consolidated their Section 13(d) reporting into a single filer package, clarifying the regulatory baseline for beneficial ownership aggregation. For investors tracking the SPAC’s capital preservation, tender mechanics, or business combination timeline, this exhibit carries no impact on redemption pricing, trust yield calculations, or the execution schedule. It is procedurally neutral but legally required to prevent fragmented disclosure, confirming these holders have coordinated their filings without altering the economic posture or deal trajectory of Tavia Acquisition Corp.
What changed: Schedule 13G/A amendment—a routine compliance exhibit filed under Section 13(d) of the Securities Exchange Act to report beneficial ownership of securities. Per the provided filing text, Polar Asset Management Partners Inc. is identified as the reporting holder. The document states only the form designation and entity name; it discloses no share counts, percentage thresholds, transaction dates, or corrections to prior holdings. It therefore contains no information on TAVI’s redemption deadline, trust value mechanics, extension proceedings, business combination progress, or sponsor conduct. Why it matters: This is a standard regulatory disclosure update rather than a substantive corporate action. As outlined in the filing header and holder line, it confirms ongoing institutional ownership tracking for Polar Asset Management Partners Inc., but supplies zero numerical data, operational claims, or procedural directives to evaluate shareholder liquidity options, trust preservation strategies, or target company fundamentals. Investors cannot derive redemption implications, valuation parameters, or management activity from this snippet alone.
What changed: Routine compliance exhibit: Schedule 13G/A beneficial ownership report [0001072613-26-000436]. The filing header identifies Karpus Management, Inc. as the reporting holder. The excerpt contains no disclosed modifications to TAVI’s redemption deadline, trust value, extension proposals, deal progress, or sponsor conduct. No assertions regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel are attributed to any party in the provided text. Why it matters: Schedule 13G/A amendments typically update beneficial ownership percentages or investment purpose declarations. Because the excerpt omits share quantities, acquisition cost data, or merger-related disclosures, it does not provide actionable intelligence regarding shareholder redemption windows, trust distribution mechanics, or Business Combination execution schedules for TAVI investors.
What changed: A Schedule 13G beneficial ownership report filed by Barclays PLC regarding Tavia Inc. (TAVI). The provided excerpt does not disclose a reported adjustment in share quantity or ownership percentage; it solely identifies Barclays PLC as the filing holder. Standard Schedule 13G registrations capture beneficial ownership positions, but this snippet lacks transaction dates or position sizes. Why it matters: For investors monitoring Tavia’s $10.7 trust value per share, the March 5, 2027 deadline, deal status, or sponsor behavior, this filing does not indicate shareholder activism, vote solicitation, redemption campaign organization, or extension voting. The report attributes ownership to Barclays PLC alone and contains no operational, financial, or strategic assertions from management, underwriters, or sponsors regarding customers, revenue, market size, technology, partnerships, litigation, or personnel.
What changed: Definitive proxy statement (DEF 14A) for an extraordinary general meeting of shareholders to approve an amendment to the company's articles of association to extend the deadline to complete an initial business combination from June 5, 2026 to March 5, 2027, and an adjournment proposal. The Board proposes to extend the business combination deadline by up to nine months (to March 5, 2027). If approved, the sponsor (Tavia Sponsor Pte. Ltd.) or its designees will deposit into the trust account as a loan, on each of the current termination date and the 5th day of each subsequent month, the lesser of $60,000 or $0.03 per public share outstanding. The company has not independently verified the sponsor's ability to make these contributions. Public shareholders may redeem their shares at an estimated $10.59 per share (based on $121.8 million in the trust as of March 31, 2026). The redemption deadline is 5:00 p.m. Eastern Time on May 29, 2026. The Board unanimously recommends a vote FOR the extension. The company states it is 'currently in serious discussions with a potential business combination target' but believes there will not be sufficient time before the current deadline. Insiders (initial shareholders, officers, directors, and EBC) holding approximately 27.8% of outstanding shares are expected to vote FOR. They have waived redemption rights on founder shares, EBC founder shares, and private shares. Why it matters: This filing sets the terms and timeline for a critical extension vote. If the extension is not approved, the SPAC will liquidate by June 5, 2026, and public shareholders will receive their pro rata trust share (~$10.59). If approved, the SPAC gains up to nine more months to complete a deal, but the trust may be reduced by redemptions, and the sponsor's ability to fund monthly contributions is unverified. The board's recommendation and insider voting intentions are disclosed, as are potential conflicts of interest. The trust value per share of $10.59 is slightly below the $10.60 market price on May 11, 2026, meaning redemption yields a small discount. This is a material event for SPAC investors evaluating whether to redeem or hold.
What changed: Quarterly report on Form 10-Q for the period ended March 31, 2026 (Tavia Acquisition Corp.) — a routine periodic filing by a SPAC in its pre-business-combination stage. No deal agreement was announced. Trust value rose to $121.8m ($10.59 per share) from $120.8m ($10.50 per share) at year-end 2025, driven by $1.06m of interest income. Working capital deficit widened to ($1.29m) from ($1.05m). Sponsor promissory note remained at $0.5m; a new $0.3m promissory note was drawn from EBC in February 2026. The company disclosed that as of the filing date it has not completed a business combination, that the Combination Period expires June 5, 2026, and that management has identified substantial doubt about going concern. Subsequently, on April 28, 2026, the company filed a preliminary proxy statement to seek an extension to March 5, 2027 (up to nine months). No extension has yet been approved. Why it matters: The company is approaching its June 5, 2026 deadline without a completed deal and now faces a mandatory liquidation unless shareholders approve the proposed nine-month extension. The trust per-share value ($10.59) is above the IPO trust amount, preserving a modest positive spread for public shareholders if they redeem. The new $0.3m EBC note and the deepening working capital deficit signal additional cash burn without any offsetting revenue. The filing of an extension proxy is the most concrete step toward avoiding liquidation, but the outcome is uncertain.
What changed vs 2025-11-12trust $119.6M → $121.8M +2%trust account, combination deadline, going-concern doubt +21 moved · 4 with no prior record of ours
- Trust account
- $119.6M$121.8M
- Combination deadline
- 2026-06-05 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $500Knot matched in this filing
- Redeemable shares
- 11.5M · unchanged
SpacBrain reads this as $2,215,545 was added to the trust between the two filings.
The clause …“143,132 131,850 Total current assets 487,164 361,475 Marketable securities held in Trust Account 121,816,078 120,754,293 Total Assets $ 122,303,242 $ 121,115,768 Liabilities, Ordinary Shares Subject to Possible Redemption, and”…
The clause …“Company s liquidity condition and, due to the mandatory liquidation should a Business Combination not occur by June 5, 2026, potential subsequent dissolution raise substantial doubt about the Company s ability to continue as a going”…
The clause …“Board s ( FASB ) ASC Subtopic 205-40, Presentation of Financial Statements Going Concern, management has determined that the Company s liquidity condition and, due to the mandatory liquidation should a Business Combination not occur”…
The clause “00 Private Shares issued at the closing of the over-allotment option, excluding 11,500,000 shares subject to possible redemption. Holders of ordinary shares of record are entitled to one vote for each share held on all matters to be voted”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Preliminary proxy statement (PRE 14A) soliciting shareholder approval to extend the deadline for an initial business combination by up to nine months, from June 5, 2026 to March 5, 2027, and to adjourn the meeting if necessary. The SPAC proposes to amend its articles to extend the business combination deadline from June 5, 2026 to March 5, 2027. The trust account held approximately $120.8 million as of December 31, 2025, implying an estimated per-share redemption price of about $10.50. The board states it is in serious discussions with a potential target but needs more time. Why it matters: This extension vote triggers a redemption right for public shareholders at ~$10.50 per share. If approved, the SPAC gains an additional nine months to complete a deal; if not, it will liquidate. The filing also details sponsor and insider waivers, potential share purchases to reduce redemptions, and conflicts of interest. The outcome affects trust account size, dilution, and the likelihood of a business combination.
What changed: Annual Report on Form 10-K for fiscal year ended December 31, 2025, filed by Tavia Acquisition Corp. (a blank check company seeking a business combination). First full-year 10-K since the December 2024 IPO. Trust account grew from $115,926,937 at December 31, 2024 to $120,754,293 at December 31, 2025 due to interest income. Redemption value per public share rose from approximately $10.06 to approximately $10.50. The company reported net income of $3,605,405 for 2025 ($4,827,356 interest income offset by $1,221,951 expenses). Working capital shifted from positive to a deficit of $1,053,365. The auditor's report includes a going-concern explanatory paragraph due to the working capital deficit and mandatory liquidation if no business combination by June 5, 2026. Post-year-end, on February 2, 2026, the company issued a $300,000 promissory note to EarlyBirdCapital, Inc. No target has been identified and no substantive discussions have occurred. Why it matters: The trust account has grown with interest, but the company has a working capital deficit and the deadline to complete a business combination is June 5, 2026. The going-concern qualification and lack of a target underscore liquidation risk. The $300,000 promissory note from EarlyBirdCapital provides some working capital but does not extend the deadline. Investors should monitor whether a deal is announced before the deadline or whether the company will redeem shares and liquidate.
What changed vs 2025-03-31trust $115.9M → $120.8M +4%trust account, combination deadline, going-concern doubt +31 moved · 5 with no prior record of ours
- Trust account
- $115.9M$120.8M
- Combination deadline
- not previously extracted2026-06-05
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $500K · unchanged
- Mandate language
- we intend to focus our search for an initial business combin… · unchanged
- Redeemable shares
- 11.5M · unchanged
SpacBrain reads this as $4,827,356 was added to the trust between the two filings.
The clause …“and $1,305,995 of other offering costs. As of December 31, 2025, the amount held in the trust account was approximately $120,754,293. For a description of the use of the proceeds generated in our Initial Public Offering, see Part II,”…
The clause …“Company s liquidity condition and, due to the mandatory liquidation should a Business Combination not occur by June 5, 2026, potential subsequent dissolution raise substantial doubt about the Company s ability to continue as a going”…
The clause …“accounting firm s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a going concern. Our public shareholders may not be afforded an opportunity to vote on our proposed initial”…
The clause …“up of the Company is effective. As of December 31, 2025 and 2024, there was $ 500,000 outstanding under the Promissory Note. Advances from Related Party Advances from related party represents excess private placement funding by the”…
The clause “00 Private Shares issued at the closing of the over-allotment option, excluding 11,500,000 shares subject to possible redemption. Holders of ordinary shares of record are entitled to one vote for each share held on all matters to be voted”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: A joint filing statement and procedural consent attached to an amended Schedule 13G (routine beneficial ownership compliance exhibit). The provided text discloses no share quantities, ownership percentages, transaction dates, or price ranges. It solely records that Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah mutually consented on February 13, 2026, to jointly file the associated Schedule 13G/A under Securities Exchange Act Rule 13D-1(k)(1)(iii). Any substantive change in position, threshold movement, or reporting purpose resides entirely in the unprovided principal pages of the amendment. Why it matters: This is an administrative reporting consolidation that bears no direct bearing on TAVI’s redemption calendar, the March 5, 2027 business combination deadline, trust distribution mechanics, or sponsor-conducted target negotiations. Because the exhibit omits equity metrics, it conveys no accumulation, dilution, or distribution activity that would influence shareholder redemption behavior or alter the trust’s per-share trajectory. The named parties, who execute the filing themselves, have merely standardized how their related accounts report past beneficial ownership. To assess impact on deal progression or redemption pressure, investors must review the accompanying principal Schedule 13G/A for actual share counts, aggregate percentages, and any revised statements of investment intent.
What changed: A routine compliance exhibit: an amendatory Schedule 13G filing reporting beneficial ownership information for TAVI on behalf of Bank of Montreal, BMO Nesbitt Burns Inc., and their corporate holding parent. The provided excerpt identifies only the reporting entities and a filing serial number. It contains no share quantities, percentage holdings, transaction dates, purchase prices, or amended voting/investment power fields. Consequently, no verifiable change in institutional position is visible. Because the text omits operative disclosures, it does not modify or comment on TAVI’s redemption deadline of 2027-03-05, the $10.7 trust-per-share value noted in your header, extension mechanisms, or the advancement status of the announced target transaction. No references to sponsor conduct, management changes, or deal-closing conditions are present. Why it matters: For investors tracking redemption liquidity and public-float dynamics, institutional ownership amendments often reflect secondary-market positioning, custodial reclassifications, or passive fund adjustments. In this excerpt, the absence of quantitative updates suggests either routine administrative maintenance, a position change below material reporting thresholds, or simply that the complete filing body—which normally details former and current aggregate shares, sole versus shared voting power, and the stated purpose of acquisition—was not supplied. Without those figures, one cannot assess whether this brokerage/custody affiliate’s stake influences the cash-out capacity ahead of the 2027-03-05 deadline or indicates conditional institutional support for the merger. Claims concerning target company revenue, customer concentration, market size, technology, partnerships, or litigation are entirely absent; any fundamental valuation or sponsor-conduct assessment must be sourced from the definitive merger agreement, Form DEF 14A proxy, or issuer press releases rather than this ownership ledger.
What changed: A Current Report on Form 8-K filed by Tavia Acquisition Corp. on February 3, 2026, disclosing the entry into a material definitive agreement: an unsecured, non-interest-bearing promissory note for up to $300,000 executed with EarlyBirdCapital, Inc., acting as the representative for the company's IPO underwriters. On February 2, 2026, the Company incurred a direct financial obligation of $300,000. The instrument carries zero percent interest and becomes due upon the earliest of (1) consummating a business combination, or (2) liquidating the trust account following a failure to complete a combination. According to Section 12 of the attached Promissory Note (Exhibit 10.1), EarlyBirdCapital expressly waives 'any and all right, title, interest or claim' against the Trust Account. This legal stipulation ensures the loan cannot be repaid via trust fund distributions, shielding the trust balance from this liability. If the SPAC dissolves without a deal, repayment relies exclusively on funds held outside the trust account, and any shortfall will not be recovered from the Company. Why it matters: The explicit trust account waiver protects the redemption mechanics for public holders, ensuring this new debt does not erode the $10.7 per-share trust value allocated to redeeming shareholders. By securing $300,000 in additional working capital from the IPO underwriter representative, the Company extends its operational runway to fund deal-search activities without issuing new equity or diluting existing ownership. Signed by Chairman and Chief Executive Officer Kanat Mynzhanov, the agreement signals sponsor-backed financial continuity. The filing also confirms standard continued registration for Units (TAVIU), Ordinary Shares (TAVI), and Rights (TAVIR) on the Nasdaq Stock Market LLC, with no alterations to the entity's Delaware incorporation or emerging growth company status.
What changed: a routine compliance exhibit (Schedule 13G/A amendment reporting beneficial ownership). The filing identifies Wolverine Asset Management, LLC; Wolverine Holdings, LLC; Christopher L. Gust; and Robert R. Bellick as reporting persons. The provided excerpt omits the amended percentage of TAVI shares beneficially owned, the total number of shares, any prior holdings comparison, and any statement of acquisition or disposition. Why it matters: For TAVI, which is at the Deal Announced stage with a stated trust value of $10.7 per share and a March 5, 2027 deadline, Schedule 13G/A amendments monitor institutional and key-person positioning but do not mechanically affect redemption pricing, trust distribution rules, or deadline clocks. Concentrated blockholder stakes can influence voting leverage for a pending merger approval or potential extension resolutions, yet without disclosed share quantities, percentages, or transaction dates in this text, the document provides no measurable insight into deal progress, sponsor conduct, or redemption behavior.
What changed: A Schedule 13G, which is a U.S. Securities and Exchange Commission routine compliance exhibit requiring disclosure when a person or group acquires beneficial ownership exceeding five percent of a class of a reporting company’s equity securities. The provided excerpt identifies Bank of Montreal, BMO Holding Inc., and BMO Nesbitt Burns Inc. as the reporting holders. The text contains no share quantities, percentage thresholds, transaction dates, or monetary values. Accordingly, the filing discloses no changes to redemption deadlines, trust value per share, proposed extension timelines, business combination progress, or sponsor conduct. It also contains no substantive claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Why it matters: For investors tracking TAVI’s redemption mechanics or the announced deal timeline, a bare Schedule 13G confirms institutional affiliation but supplies no quantifiable data on capital deployment, distribution intent, or voting alignment. Without accompanying schedules detailing actual share counts, cost basis, or investment purpose, the document does not mechanically impact shareholder redemption behavior or merger execution timing. Future amendments or supplementary exhibits will be necessary to evaluate whether the holding reflects passive indexing, strategic accumulation, or potential overhang relative to the business combination deadline.
What changed: Quarterly report on Form 10-Q for the period ended September 30, 2025, filed by Tavia Acquisition Corp., a blank-check company seeking a business combination in energy transition, circular economy, and food technologies. Trust account value increased by $3.67 million to $119.6 million (from $115.9 million at Dec 31, 2024), raising the per-share redemption value from $10.06 to $10.40. The sponsor extended the promissory note (up to $500,000) to mature at the earlier of a business combination or winding up. Cash decreased to $358,097 from $913,659, and the working capital deficit widened to $872,273. The company's shareholders' equity turned negative (-$872,273). No business combination has been announced, and the deadline to complete a deal remains June 5, 2026 (18 months from IPO closing). Why it matters: The rising trust per share provides a higher redemption floor for investors. The sponsor's note extension signals continued support, but the deteriorating cash position and working capital deficit raise going-concern risk if a deal is not completed by the deadline. The deadline is approximately seven months away, and the company has not identified a target, increasing the likelihood of liquidation if no deal is reached. The going-concern disclosure is a material red flag.
What changed vs 2025-08-14trust $118.4M → $119.6M +1%trust account, combination deadline, going-concern doubt +21 moved · 4 with no prior record of ours
- Trust account
- $118.4M$119.6M
- Combination deadline
- 2026-06-05 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $500K · unchanged
- Redeemable shares
- 11.5M · unchanged
SpacBrain reads this as $1,236,605 was added to the trust between the two filings.
The clause …“131,376 44,059 Total current assets 489,473 957,718 Marketable securities held in Trust Account 119,600,533 115,926,937 TOTAL ASSETS $ 120,090,006 $ 116,884,655 Liabilities, Ordinary Shares Subject to Possible Redemption, and”…
The clause …“Company s liquidity condition and due to the mandatory liquidation, should a business combination not occur by June 5, 2026, and potential subsequent dissolution raise substantial doubt about the Company s ability to continue as a”…
The clause …“Board s ( FASB ) ASC Subtopic 205-40, Presentation of Financial Statements Going Concern, management has determined that the Company s liquidity condition and due to the mandatory liquidation, should a business combination not occur”…
The clause “Company is effective. As of September 30, 2025 and December 31, 2024, there was $ 500,000 outstanding under the Promissory Note. Advances from Related Party Advances from related party represents excess private placement funding by the”…
The clause “00 Private Shares issued at the closing of the over-allotment option, excluding 11,500,000 shares subject to possible redemption. Holders of ordinary shares of record are entitled to one vote for each share held on all matters to be voted”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Joint Filing Statement pursuant to Rule 13D-1(k)(1), attached as Exhibit I to a Schedule 13G, wherein Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah consent to jointly file a single beneficial ownership report for Tavia Acquisition Corp. shares under the Securities Exchange Act of 1934. The exhibit contains no adjustments to the business combination timeline, trust account per-share amount, extension mechanics, target diligence status, or sponsor operational conduct. It exclusively documents procedural agreement among the named holders to consolidate their Schedule 13G filings into one submission filed on October 30, 2025, referencing Filing Number 0001346554-25-000085. Why it matters: The signing authority vested entirely in Robin Shah across all three entities confirms consolidated oversight of the disclosed positions, which helps investors track unified voting intent ahead of the merger vote. As a routine compliance attachment, it introduces no new customer commitments, revenue projections, market sizing, partnership announcements, litigation developments, or personnel changes.
What changed: 10-Q (Quarterly Report) for Tavia Acquisition Corp. for the quarter ended June 30, 2025, filed August 14, 2025. Trust account value increased to $118,363,928 (from $115,926,937 at Dec 31, 2024), raising per-share redemption value to $10.29 (from $10.06). Cash outside trust fell to $471,826 (from $913,659). Net income of $1,620,131 for six months (vs net loss of $85,220 in prior period), driven by $2,436,991 interest income. Working capital deficit widened to $648,274. No business combination announced; the company states it must complete one by June 5, 2026 (18 months from IPO, not the user-stated March 5, 2027). Management expressed substantial doubt about going concern if no deal by that deadline. Sponsor's promissory note of $500,000 and advances of $131,684 remain outstanding. Why it matters: Trust per share accretion to $10.29 provides a higher floor for redemptions, but the company's cash burn and working capital deficit raise liquidity risk. The correct deadline is June 5, 2026, which is earlier than the user's assumed date, accelerating the timeline for a deal. No definitive agreement or target is disclosed, and the going concern warning signals that failure to consummate a business combination by mid-2026 would lead to liquidation.
What changed vs 2025-05-15trust $117.1M → $118.4M +1%trust account, combination deadline, going-concern doubt +21 moved · 4 with no prior record of ours
- Trust account
- $117.1M$118.4M
- Combination deadline
- not previously extracted2026-06-05
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $500K · unchanged
- Redeemable shares
- 11.5M · unchanged
SpacBrain reads this as $1,221,289 was added to the trust between the two filings.
The clause …“117,029 44,059 Total current assets 588,855 957,718 Marketable securities held in Trust Account 118,363,928 115,926,937 TOTAL ASSETS $ 118,952,783 $ 116,884,655 Liabilities, Ordinary Shares Subject to Possible Redemption, and”…
The clause …“Company’s liquidity condition and due to the mandatory liquidation, should a business combination not occur by June 5, 2026, and potential subsequent dissolution raise substantial doubt about the Company’s ability to continue as a”…
The clause …“Board’s (“FASB”) ASC Subtopic 205-40, “Presentation of Financial Statements – Going Concern,” management has determined that the Company’s liquidity condition and due to the mandatory liquidation, should a business combination not occur”…
The clause …“Initial Public Offering. As of June 30, 2025 and December 31, 2024, there was $ 500,000 outstanding under the Promissory Note. Advances from Related Party Advances from related party represents excess private placement funding by the”…
The clause “00 Private Shares issued at the closing of the over-allotment option, excluding 11,500,000 shares subject to possible redemption. Holders of ordinary shares of record are entitled to one vote for each share held on all matters to be voted”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: A quarterly report on Form 10-Q for the period ended March 31, 2025, filed by Tavia Acquisition Corp., a blank-check SPAC. Trust value rose to $10.19 per share from $10.06 at year-end 2024, driven by $1,215,702 of interest income on trust assets. The trust now holds $117.14 million. Net income was $974,311, entirely from trust interest. Cash outside the trust fell to $655,630 from $913,659. The company reported a working capital deficit of $72,805 and disclosed substantial doubt about its ability to continue as a going concern. No deal has been announced. The deadline remains June 5, 2026. Why it matters: The trust continues to grow, but the rapid cash burn outside trust and the going-concern warning highlight the pressure to find a target. Management has until mid-2026; if no deal closes, shareholders will receive the trust per-share value. With no operating revenues and depleting working capital, a business combination is the only path to value. The filing contains no redemptions or extension votes, but the deteriorating cash position is a flag for deadline watchers.
What changed: Routine SEC compliance exhibit (Amended Schedule 13G / Beneficial Ownership Report). The filing amends a prior Schedule 13G to disclose a change in beneficial ownership for TAVI equity reported collectively by AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC. The submitted excerpt omits all quantitative disclosures; it does not list share counts, ownership percentages, acquisition or disposition dates, or state whether the amendment reflects new purchases, sales, internal reallocations among reporting entities, or a modification of voting or investment purpose. Why it matters: For a SPAC past the business combination announcement, institutional amendments directly affect redemption liquidity and voting thresholds ahead of the stated 2027-03-05 deadline. Entities crossing the 5 percent reporting floor routinely update when they shift aggregate positions, which alters the remaining share pool available for cash redemption or conversion at deal close. The co-listing of a conventional management company alongside an arbitrage affiliate typically signals active portfolio management or hedging behavior around the merger timeline. Reviewing the complete filing will determine whether the institution is accumulating shares to support the combined company’s trading stability or strategically reducing exposure before shareholder votes or settlement occurs.
What changed: A Schedule 13G/A, an amended beneficial ownership report filed by Polar Asset Management Partners Inc. The filing excerpt identifies Polar Asset Management Partners Inc. as the reporting holder but discloses no share counts, transaction dates, or shifts in sole or shared voting or investment power. It therefore reports no adjustments to redemption mechanics, extension provisions, merger execution, or sponsor conduct. Why it matters: As a routine regulatory disclosure, it confirms Polar Asset Management Partners Inc. maintains a reportable stake in TAVI. Because the excerpt contains no operational or financial assertions, it does not provide new claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. The absence of quantified blocks or strategic commentary means it currently carries no immediate impact on shareholder redemption windows, trust solvency, or deal pacing, though subsequent amendments could alter this assessment if material trading activity emerges.
What changed: Schedule 13G — beneficial ownership report. According to the filing text, the disclosed entities are Bank of Montreal, BANK OF MONTREAL HOLDING INC., and BMO NESBITT BURNS INC. The excerpt contains no reported changes in beneficial ownership percentages, acquisition dates, or transaction purposes. Consequently, there is no disclosure updating redemption deadlines, trust value mechanics, extension timelines, deal progress, or sponsor conduct. Why it matters: For investors tracking SPAC capital events, this submission functions as a routine institutional ownership snapshot. The filing makes no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Because it omits ownership percentages and purpose statements, it does not indicate voting bloc formation, redemption pressure, or merger vote alignment. Substantive evaluation requires the complete Schedule 13G packet to determine if aggregate holdings exceed the five-percent reporting threshold and whether the institutional presence correlates with upcoming shareholder approvals or trust distribution triggers.(flagged for human review)
What changed: A Schedule 13G/A, which is a routine compliance exhibit—an amended statement of beneficial ownership reporting aggregate equity positions exceeding five percent. The excerpt lists only the form designation, accession number, and three corporate holders: Bank of Montreal, Bank of Montreal Holding Inc., and BMO Nesbitt Burns Inc. It provides no share quantities, percentage thresholds, acquisition dates, purchase prices, or purpose clauses. Accordingly, the document bears nothing on Tavia’s redemption deadline mechanics, the reported trust value per share, the March 5, 2027 business combination cutoff, extension triggers, target transaction progress, or sponsor conduct. It also contains no attributed claims regarding customer concentration, revenue streams, market size estimates, strategic direction, proprietary technology, commercial partnerships, active litigation, or executive/board personnel changes. Why it matters: Amended 13G filings alert liquidity-trackers and redemption-caliber investors to updated institutional positioning that may precede block transfers, tender participation, or voting alignments ahead of a de-SPAC close. Because the filing excerpt omits all quantitative adjustments and purpose statements, it does not indicate whether BMO increased, decreased, or maintained its stake, pledged capital support, or intends to influence any extension vote. Until the complete filing with attached schedules is available, the document has no discernible impact on the trust pool composition or the 2027 timeline.(flagged for human review)
What changed: A Schedule 13G (beneficial ownership report) filed on 2025-05-01 by Wolverine Asset Management LLC, Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick to register aggregate beneficial ownership of TAVI securities. The filing documents the reporting group but provides no share counts, percentages, acquisition prices, or transaction history. It contains no language addressing the trust value, redemption mechanics, extension proposals, the announced business combination timeline, or sponsor conduct. Why it matters: While mechanically silent on redemption calendars and deal milestones, the aggregation of positions under the Wolverine entities signals coordinated institutional tracking ahead of the merger process. Because the filing attributes no statements to management or advisors, it contains no claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Investors should obtain the complete filing at SEC record 0001140361-25-016883 to confirm whether the aggregated holdings cross the five percent reporting threshold, to identify the purpose of the acquisition, and to assess how blockholder voting intent may intersect with upcoming shareholder approvals or redemption periods.
What changed: Joint Filing Agreement pursuant to Rule 13d-1(k) attached to a Schedule 13G. Tavia Sponsor PTE. LTD. and Kanat Mynzhanov executed this agreement to file future Schedule 13G amendments jointly through their designated common representative, Yuta N. Delarck, acting as Attorney-in-Fact. The document incorporates by reference Powers of Attorney originally filed with the SEC on December 4, 2024. Beyond establishing this administrative disclosure channel, the filing contains no share counts, ownership percentages, voting intentions, or trust account balances. It makes no statements regarding the March 5, 2027 redemption window, the per-share trust value, extension procedures, merger negotiation status, or sponsor governance behavior. Why it matters: Investors tracking TAVI’s redemption calendar, trust preservation, or deal progression receive no actionable updates from this submission. The instrument is strictly a securities law compliance mechanism for affiliated beneficial owners. Its existence confirms that both the sponsor entity and its identified individual continue to hold positions triggering reporting obligations, but it introduces zero information about target company performance, pipeline development, financing milestones, or anticipated shareholder actions. Routine joint-filing attachments of this type do not alter capital structure, accelerate business combinations, or signal shifts in sponsorship conduct.
What changed: Schedule 13G/A beneficial ownership report filed by KARPUS MANAGEMENT, INC. referencing SEC control number 0001072613-25-000284. This filing identifies as an amendment (A) to a previously submitted Schedule 13G, signaling updated disclosure language or adjusted holdings under Section 13(d) rules. The supplied excerpt does not disclose the amended share quantity, beneficial ownership percentage, or stated purpose for the revision. Why it matters: Schedule 13G/A filings track institutional or significant shareholder position updates that may signal capital commitment, block trading, or shifts in voting influence relative to the announced business combination deadline. No redemption mechanics, trust value adjustments, extension votes, or sponsor conduct indicators appear in the excerpt. Furthermore, the document contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel, meaning there are no new commercial or structural disclosures to evaluate.
What changed: Annual Report (Form 10-K) for the fiscal year ended December 31, 2024. The SPAC completed its IPO on December 5, 2024, raising $115,575,000 in trust (excluding potential redemptions). The trust held $115,926,937 as of Dec 31, 2024. The company has 18 months from the IPO closing, or until June 5, 2026, to complete a deal. No target has been selected and no substantive discussions have occurred. The auditor was changed from Marcum to WithumSmith+Brown on January 20, 2025. The company filed an insider trading policy and clawback policy, and adopted the latter on March 27, 2025. Why it matters: This is a blank-check company early in its lifecycle; it disclosed a going concern doubt from its auditor (the audit report includes an explanatory paragraph about substantial doubt). Trust value per share is $10.05 at IPO but $10.06 per share at year-end including interest. The deadline is fixed; the sponsor's prior SPAC (Oxus) completed a de-SPAC with Borealis Foods. Sponsor is Singapore-based; its CEO/chairman is a UK citizen, which may trigger CFIUS risk for U.S. targets. The document confirms no deal discussions, no selection of any target, and no engagement of any intermediary.
What changed: Schedule 13G beneficial ownership report formally documenting the positions held by AQR Capital Management, LLC; AQR Capital Management Holdings, LLC; and AQR Arbitrage, LLC in TAVI. The filing contains no language, conditions, or data bearing on the redemption deadline of 2027-03-05, the existing trust/share value of $10.7, extension procedures, business combination progress, or sponsor conduct. Routine institutional ownership disclosure does not modify, trigger, or inform any of these SPAC mechanics. Why it matters: Beyond confirming that three AQR-affiliated vehicles hold the security, the document makes no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. As a routine compliance exhibit, it serves strictly as a regulatory ledger of holder identity and provides no new actionable intelligence for investors tracking redemption windows, trust account valuation, or deal advancement.
What changed: A Schedule 13G/A amendment consisting of Exhibit A, a Joint Filing Agreement executed pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934. Six affiliated entities and Frederick V. Fortmiller, Jr. formally consented to be treated as a single filing group, authorizing Mr. Fortmiller, Jr. to submit the Statement on behalf of all. This text introduces no updates to beneficial ownership thresholds, investment objectives, proposed merger targets, redemption calendar mechanics, trust account distributions, or sponsor extension proposals. Why it matters: For investors tracking redemption deadlines, trust value preservation, extension voting, deal progression, or sponsor conduct, this document carries no operational significance. It is a standardized administrative exhibit that consolidates regulatory reporting duties for these Harraden Circle vehicles, eliminating duplicate filings going forward. The document contains no substantive assertions regarding customer contracts, revenue trajectories, addressable markets, strategic roadmaps, technological assets, partnership frameworks, active litigation, or executive succession plans. Its entirety reflects the procedural agreement signed by the listed signatories on February 14, 2025.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.