EV-focused Mobiv Acquisition in an amended S-1 lowered its planned deal size to 8.7 million units, down from the 10 million initially registered last month.
A unit now consists of a share and a whole warrant, up from half a warrant as noted in the original SEC filing.
The SPAC is focused on technology companies driving growth in the electric vehicle (“EV”) and urban “smart” mobility industry, including businesses in the sustainable transportation and related ecosystem.
CEO and Director Peter Bilitsch was for more than 11 years a director in Regional Equity Capital Markets at CIMB Investment Bank in Southeast Asia.
Mobiv intends to apply for a Nasdaq listing under the symbol MOBVU. EF Hutton is serving as sole book runner for the offering. Read more.
