Linden Advisors LP Takes Position in Tavia Acquisition Corp. $TAVI

Key Points

• Linden Advisors LP acquired a new stake in Tavia Acquisition Corp. valued at approximately $2.52 million, representing about 1.80% of the company.
• Other institutional investors have also recently invested in Tavia Acquisition, with notable stakes including Polar Asset Management's $9.51 million investment.
• Tavia Acquisition's stock has seen slight fluctuations, with a current trading price of $10.29 and a one-year range between $9.89 and $10.72.

Linden Advisors LP acquired a new position in shares of Tavia Acquisition Corp. (NASDAQ:TAVI - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 250,000 shares of the company's stock, valued at approximately $2,522,000. Linden Advisors LP owned about 1.80% of Tavia Acquisition at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Dakota Wealth Management purchased a new stake in shares of Tavia Acquisition during the 1st quarter worth approximately $234,000. Wealthspring Capital LLC purchased a new stake in shares of Tavia Acquisition during the 1st quarter worth approximately $251,000. Virtu Financial LLC purchased a new stake in shares of Tavia Acquisition during the 1st quarter worth approximately $332,000. D. E. Shaw & Co. Inc. purchased a new stake in shares of Tavia Acquisition during the 4th quarter worth approximately $1,984,000. Finally, Mizuho Securities USA LLC purchased a new stake in shares of Tavia Acquisition during the 1st quarter worth approximately $2,228,000.

Tavia Acquisition Stock Up 0.1%

Shares of NASDAQ:TAVI traded up $0.01 during trading on Wednesday, hitting $10.30. 2,002 shares of the company were exchanged, compared to its average volume of 1,300. The firm's 50 day moving average price is $10.27 and its 200-day moving average price is $10.16. Tavia Acquisition Corp. has a 12-month low of $9.89 and a 12-month 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.