Mizuho Securities USA LLC Acquires Shares of 223,032 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) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 223,032 shares of the company's stock, valued at approximately $2,228,000. Mizuho Securities USA LLC owned approximately 1.61% of Tavia Acquisition as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of TAVI. Dakota Wealth Management bought a new stake in Tavia Acquisition in the first quarter worth $234,000. Wealthspring Capital LLC bought a new stake in Tavia Acquisition in the first quarter worth $251,000. Berkley W R Corp bought a new stake in Tavia Acquisition in the fourth quarter worth $1,476,000. D. E. Shaw & Co. Inc. bought a new stake in Tavia Acquisition in the fourth quarter worth $1,984,000. Finally, Westchester Capital Management LLC bought a new stake in Tavia Acquisition in the fourth quarter worth $2,778,000.

Tavia Acquisition Stock Performance

TAVI traded down $0.03 during trading hours on Thursday, hitting $10.27. The company's stock had a trading volume of 7,608 shares, compared to its average volume of 2,184. The firm has a 50-day moving average of $10.26. 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.