Tavia Acquisition FY2025 net income jumped 4,433.53% to USD 3.61 million
Tavia Acquisition Corp. TAVI | 10.57 | +0.09% |
Tavia Acquisition published its annual report on Form 10-K for FY 2025. The blank-check company reported net income of USD 3.61 million, driven by USD 4.83 million of interest earned on marketable securities held in its trust account, while general and administrative costs were USD 1.22 million. Marketable securities held in the trust account totaled USD 120.75 million as of Dec. 31, 2025, including about USD 5.18 million of interest income. Cash used in operating activities was USD 0.67 million, and it ended the year with USD 229,625 in cash and a working capital deficit of USD 1.05 million. Management said it expects to continue incurring significant costs pursuing a business combination and believes it will need to raise additional funds to meet expenditures for at least the next 12 months.
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