Mizuho Securities USA LLC Takes Position in Tavia Acquisition Corp. (NASDAQ:TAVI)

Key Points

• Mizuho Securities USA LLC has invested approximately $2.23 million in Tavia Acquisition Corp., acquiring 223,032 shares, which represents 1.61% of the company.
• Other institutional investors have also significantly increased their stakes in Tavia Acquisition, including a $9.5 million investment from Polar Asset Management Partners Inc..
• Tavia Acquisition Corp. opened at $10.30, with a 12-month trading range of $9.89 to $10.72, indicating stable performance within that period.

Mizuho Securities USA LLC bought 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 and Exchange Commission. The fund bought 223,032 shares of the company's stock, valued at approximately $2,228,000. Mizuho Securities USA LLC owned about 1.61% of Tavia Acquisition as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of TAVI. Polar Asset Management Partners Inc. bought a new stake in shares of Tavia Acquisition in the 4th quarter worth about $9,515,000. AQR Arbitrage LLC bought a new stake in shares of Tavia Acquisition in the 4th quarter worth about $9,424,000. Schechter Investment Advisors LLC bought a new stake in shares of Tavia Acquisition in the 1st quarter worth about $6,385,000. Toronto Dominion Bank bought a new stake in shares of Tavia Acquisition in the 4th quarter worth about $4,230,000. Finally, Crossingbridge Advisors LLC bought a new stake in shares of Tavia Acquisition in the 4th quarter worth about $3,964,000.

Tavia Acquisition Price Performance

Shares of TAVI remained flat at $10.27 during midday trading on Friday. 11,126 shares of the stock traded hands, compared to its average volume of 2,556. The business's 50 day moving average is $10.26. Tavia Acquisition Corp. has a one year low of $9.89 and a one year high of $10.72.

About Tavia Acquisition

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.