UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
On September 28, 2023, Mobiv Acquisition Corp (the “Company”) held a special meeting of stockholders (the “Special Meeting”), at which holders of 7,648,408 shares, composed of 5,147,158 shares of Class A common stock, par value $0.000001 per share (“Class A Common Stock”) and 2,501,250 shares of Class B common stock, par value $0.0001 per share (the “Class B Common Stock,” and together with the Class A Common Stock, the “Common Stock”), were present in person or by proxy, representing approximately 87% of the voting power of the 8,817,987 issued and outstanding shares Common Stock (the “Outstanding Shares”) entitled to vote at the Special Meeting as of the close of business on August 17, 2023, which was the record date for the Special Meeting.
In connection with the Special Meeting, stockholders properly elected to redeem an aggregate of 5,530,395 shares of Class A Common Stock (the “Redemption”). Following the Special Meeting, holders of approximately 53,000 shares of Class A Common Stock subsequently reversed their redemption election.
At the Special Meeting, the Company’s stockholders approved the proposal (the “Business Combination Proposal”) to adopt the business combination agreement, dated as of March 13, 2023, as amended on August 4, 2023 (the “Business Combination Agreement”), as it may further be amended from time to time, by and among the Company, SRIVARU Holding Limited, a Cayman Islands exempted company, and Pegasus Merger Sub Inc., a Delaware corporation and approve the business combination and the other transactions contemplated by the Business Combination Agreement and the terms thereto.
The following is a tabulation of the votes with respect to the Business Combination Proposal, which was approved by the Company’s stockholders:
Common Stock Votes For |
Common Stock Votes Against |
Common Stock Abstentions | ||
| 7,370,883 | 277,515 | 10 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Mobiv Acquisition Corp | ||
| By: | /s/ Peter Bilitsch | |
| Name: | Peter Bilitsch | |
| Title: | Chief Executive Officer | |
Date: October 4, 2023