Wolverine Asset Management LLC Buys New Position in Tavia Acquisition Corp. (NASDAQ:TAVI)

Key Points

• Wolverine Asset Management LLC acquired 394,203 shares of Tavia Acquisition Corp. for approximately $3,962,000, representing 2.84% ownership of the company.
• Other investors, including Dakota Wealth Management and Warberg Asset Management, also purchased new stakes in Tavia Acquisition during the first and fourth quarters of 2023.
• Tavia Acquisition Corp.'s stock opened at $10.28, with a 1-year price range between $9.89 and $10.72.

Wolverine Asset Management LLC purchased a new position in Tavia Acquisition Corp. (NASDAQ:TAVI - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 394,203 shares of the company's stock, valued at approximately $3,962,000. Wolverine Asset Management LLC owned approximately 2.84% of Tavia Acquisition as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Dakota Wealth Management acquired a new stake in shares of Tavia Acquisition in the first quarter valued at $234,000. Wealthspring Capital LLC acquired a new position in Tavia Acquisition during the first quarter valued at $251,000. Warberg Asset Management LLC acquired a new position in Tavia Acquisition in the 4th quarter worth about $1,120,000. Berkley W R Corp acquired a new position in Tavia Acquisition in the 4th quarter worth about $1,476,000. Finally, D. E. Shaw & Co. Inc. acquired a new position in Tavia Acquisition in the 4th quarter worth about $1,984,000.

Tavia Acquisition Stock Performance

Shares of NASDAQ TAVI traded up $0.02 during mid-day trading on Tuesday, reaching $10.30. 108 shares of the company traded hands, compared to its average volume of 2,208. The company's fifty day moving average is $10.26. Tavia Acquisition Corp. has a fifty-two week low of $9.89 and a fifty-two week high of $10.72.

Tavia Acquisition Company Profile

Tavia Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on March 7, 2024 and is headquartered in Newark, DE.