Mobiv Acquisition Corp Announces Extension of Deadline to Complete Business Combination
08 November 2023 - 2:00PM
Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) (the
“
Company”), a special purpose acquisition company,
announced today that on November 7, 2023, it notified the trustee
of the Company’s trust account that it was extending the time
available to the Company to consummate an initial business
combination from November 8, 2023 to December 8, 2023 (the
“
Extension”). The Extension is the seventh of up
to nine one-month extensions permitted under the Company’s
governing documents. In connection with such Extension, Mobiv Pte.
Ltd. (the “
Sponsor”) will deposit an aggregate of
$100,000.00 into the Company’s trust account on or before November
8, 2023, on behalf of the Company.
About Mobiv Acquisition Corp
Mobiv Acquisition Corp is a newly incorporated
blank check company organized for the purpose of effecting a
merger, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with a target
business. Mobiv may pursue a business combination target in any
industry or geographic region and will invest using the lens of the
UN Sustainable Development Goals, which reflect social and
environmental mega-trends that are re-shaping our world.
https://mobiv.ac/.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains statements that
constitute “forward-looking statements,” including with respect to
the Company’s search for an initial business combination. No
assurance can be given as to the consummation of any business
combination or the terms thereof. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s registration statement and
prospectus for the initial public offering filed with the SEC.
Copies are available on the SEC’s website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Company Contact:Mobiv Acquisition Corp850
Library Avenue, Suite 204Newark, Delaware 19711Attn.: Mr. Peter
BilitschChief Executive OfficerEmail: peter.bilitsch@mobiv.acTel.:
+13027386680
Investor & Media Contact:Crescendo
Communications, LLCTel: (212) 671-1020Email:
MOBV@Crescendo-IR.com
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