Tavia Acquisition Corp. reported first-quarter 2026 results in its 10-Q showing net income of $821709 down from $974311 a year earlier, and diluted earnings per share of $0.05 versus $0.06 in Q1 2025.
Financial Highlights
- Net income was $821.7K for Q1 2026, compared with $974.3K in Q1 2025 (YoY change (15.7%)).
- Diluted EPS was $0.05 for Q1 2026, versus $0.06 in Q1 2025 (YoY change (16.7%)).
Business Highlights
- Completed IPO and over-allotment that raised approximately $115M; $115.575M placed in Trust to fund a future business combination.
- No operating revenues; income derived solely from interest on Trust marketable securities.
- Actively searching for a business combination target and has filed for a potential extension to complete a business combination to March 5, 2027.
- Ongoing public-company costs and due diligence expenses; cash outside the Trust is limited and used for transaction-related activities and readiness.
Original SEC Filing:
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