Units, each consisting of one share of Class A common stock, par value $0.000001 per share, and one warrant to acquire one share of Class A common false 0001931691 0001931691 2023-09-28 2023-09-28 0001931691 us-gaap:CapitalUnitsMember 2023-09-28 2023-09-28 0001931691 us-gaap:CommonClassAMember 2023-09-28 2023-09-28 0001931691 us-gaap:WarrantMember 2023-09-28 2023-09-28

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 28, 2023

 

 

MOBIV ACQUISITION CORP

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-41464   87-4345206

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

850 Library Avenue, Suite 204

Newark, Delaware 19711

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (302) 738-6680

Not Applicable

(Former name or former address, if changed since last report)

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol(s)

  

Name of each exchange

on which registered

Units, each consisting of one share of Class A common stock, par value $0.000001 per share, and one warrant to acquire one share of Class A common stock   MOBVU   The Nasdaq Stock Market LLC
Class A common stock included as part of the Units   MOBV   The Nasdaq Stock Market LLC
Warrants included as part of the Units   MOBVW   The Nasdaq Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.07.

Submission of Matters to a Vote of Security Holders.

On September 28, 2023, Mobiv Acquisition Corp (the “Company”) held a special meeting of stockholders (the “Special Meeting”), at which holders of 7,648,408 shares, composed of 5,147,158 shares of Class A common stock, par value $0.000001 per share (“Class A Common Stock”) and 2,501,250 shares of Class B common stock, par value $0.0001 per share (the “Class B Common Stock,” and together with the Class A Common Stock, the “Common Stock”), were present in person or by proxy, representing approximately 87% of the voting power of the 8,817,987 issued and outstanding shares Common Stock (the “Outstanding Shares”) entitled to vote at the Special Meeting as of the close of business on August 17, 2023, which was the record date for the Special Meeting.

In connection with the Special Meeting, stockholders properly elected to redeem an aggregate of 5,530,395 shares of Class A Common Stock (the “Redemption”). Following the Special Meeting, holders of approximately 53,000 shares of Class A Common Stock subsequently reversed their redemption election.

At the Special Meeting, the Company’s stockholders approved the proposal (the “Business Combination Proposal”) to adopt the business combination agreement, dated as of March 13, 2023, as amended on August 4, 2023 (the “Business Combination Agreement”), as it may further be amended from time to time, by and among the Company, SRIVARU Holding Limited, a Cayman Islands exempted company, and Pegasus Merger Sub Inc., a Delaware corporation and approve the business combination and the other transactions contemplated by the Business Combination Agreement and the terms thereto.

The following is a tabulation of the votes with respect to the Business Combination Proposal, which was approved by the Company’s stockholders:

 

Common Stock Votes For

  

Common Stock Votes Against

  

Common Stock Abstentions

7,370,883   277,515   10

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Mobiv Acquisition Corp
By:  

/s/ Peter Bilitsch

Name:   Peter Bilitsch
Title:   Chief Executive Officer

Date: October 4, 2023

v3.23.3
Document and Entity Information
Sep. 28, 2023
Document Information [Line Items]  
Document Type 8-K
Document Period End Date Sep. 28, 2023
Entity Registrant Name MOBIV ACQUISITION CORP
Entity Incorporation, State or Country Code DE
Entity File Number 001-41464
Entity Tax Identification Number 87-4345206
Entity Address, Address Line One 850 Library Avenue, Suite 204
Entity Address, City or Town Newark
Entity Address, State or Province DE
Entity Address, Postal Zip Code 19711
City Area Code 302
Local Phone Number 738-6680
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Entity Ex Transition Period false
Amendment Flag false
Entity Central Index Key 0001931691
Units, each consisting of one share of Class A common stock and one Redeemable Warrant [Member]  
Document Information [Line Items]  
Title of 12(b) Security Units, each consisting of one share of Class A common stock, par value $0.000001 per share, and one warrant to acquire one share of Class A common
Trading Symbol MOBVU
Security Exchange Name NASDAQ
Class A common stock [Member]  
Document Information [Line Items]  
Title of 12(b) Security Class A common stock included as part of the Units
Trading Symbol MOBV
Security Exchange Name NASDAQ
Warrants included as part of the Units [Member]  
Document Information [Line Items]  
Title of 12(b) Security Warrants included as part of the Units
Trading Symbol MOBVW
Security Exchange Name NASDAQ
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