Thu, May 15, 8:10 PM (38 days ago)
### Tavia Acquisition Corp. (TAVIU) Q1 2025 Financial Summary **Company Overview:** Tavia Acquisition Corp. (TAVIU) is a Cayman Islands-based SPAC focused on energy transition, circular economy, and food technologies. The company completed its Initial Public Offering (IPO) in December 2024, raising $115 million. **Financial Performance (Q1 2025):** - **Revenue:** $0 (no operational revenue generated). - **Net Income:** $974,311, primarily from interest earned on marketable securities held in the Trust Account. - **General and Administrative Costs:** $241,391. - **Cash Flow:** Net cash used in operating activities was $248,029. - **Cash Position:** $655,630 in cash and $117,142,639 in marketable securities held in the Trust Account. **Profit Margins:** - **Gross Margin:** Not applicable (no operational revenue). - **Operating Margin:** Not applicable (no operational revenue). - **Net Margin:** 100% (net income from non-operating activities). **Key Financial Metrics:** - **Earnings per Share (EPS):** $0.06 for both redeemable and non-redeemable ordinary shares. - **Shareholders' Equity:** $(72,805) due to accrued expenses and administrative costs. **Trends and Uncertainties:** - **Operational Status:** Tavia Acquisition Corp. has not commenced any operations and relies on non-operating income from the Trust Account. - **Business Combination:** The company has until June 5, 2026, to complete a business combination. Failure to do so will result in liquidation and redemption of public shares. - **Geopolitical Risks:** Global market volatility and geopolitical instability could impact the company's ability to complete a business combination. **Future Operations Impact:** - **Fund Utilization:** The company intends to use funds from the Trust Account for the business combination and related activities. - **Liquidity:** The company has a working capital deficit of $72,805, relying on the Trust Account for liquidity. **Conclusion:** Tavia Acquisition Corp. is in the pre-operational phase, focusing on identifying and completing a business combination. The company's financial health is supported by the Trust Account, but it faces uncertainties related to geopolitical risks and the timeline for completing a business combination.