Crossingbridge Advisors LLC Has $3.52 Million Stock Holdings in Tavia Acquisition Corp. $TAVI

Key Points

• Crossingbridge Advisors LLC has reduced its holdings in Tavia Acquisition Corp. by 12.5%, now owning approximately 349,999 shares after selling 50,001 shares during the first quarter.
• Other institutional investors have also entered positions in Tavia Acquisition, including Dakota Wealth Management and Wealthspring Capital LLC, indicating increased interest in the company.
• Tavia Acquisition Corp., a blank check company, has stock prices ranging from a 52-week low of $9.89 to a high of $10.72, currently trading at $10.30.

Crossingbridge Advisors LLC trimmed its position in shares of Tavia Acquisition Corp. (NASDAQ:TAVI - Free Report) by 12.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 349,999 shares of the company's stock after selling 50,001 shares during the quarter. Tavia Acquisition makes up about 1.8% of Crossingbridge Advisors LLC's investment portfolio, making the stock its 16th biggest position. Crossingbridge Advisors LLC owned 2.52% of Tavia Acquisition worth $3,517,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. acquired a new position in shares of Tavia Acquisition during the fourth quarter worth approximately $9,515,000. AQR Arbitrage LLC acquired a new position in shares of Tavia Acquisition during the fourth quarter worth approximately $9,424,000. Schechter Investment Advisors LLC acquired a new position in shares of Tavia Acquisition during the first quarter worth approximately $6,385,000. Toronto Dominion Bank acquired a new position in shares of Tavia Acquisition during the fourth quarter worth approximately $4,230,000. Finally, Wolverine Asset Management LLC acquired a new position in shares of Tavia Acquisition during the first quarter worth approximately $3,962,000.

Tavia Acquisition Stock Performance

Shares of TAVI stock remained flat at $10.30 during trading hours on Tuesday. 1,541 shares of the stock were exchanged, compared to its average volume of 2,221. Tavia Acquisition Corp. has a 12 month low of $9.89 and a 12 month high of $10.72. The business has a fifty day moving average price of $10.27 and a two-hundred day moving average price of $10.15.

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.