Former Tesla Executive, Mohanraj Ramasamy, assumes role as CEO of the combined companiesPoised to capture a significant share of the multi-billion-dollar Indian and global EV markets based on surging demand, state-of-the-art technologies and capital-efficient business modelExpected to commence trading on Nasdaq under new ticker symbol "SVMH" effective today, December 11, 2023.Delaware, USA and Coimbatore, India, Dec. 11, 2023 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (NASDAQ:SVMH, SVMHW, MOBVU, MOBV, MOBVW))))) ("SRIVARU" or the "Company"), a commercial-stage provider of premium electric motorcycles, today provided a business update following the consummation of its recent business combina
Shares of SentinelOne, Inc. (NYSE:S) rose sharply in pre-market trading after the company reported stronger-than-expected results for its third quarter and raised its annual revenue outlook. SentinelOne reported third-quarter revenue of $164.2 million, beating the analyst consensus estimate of $156.09 million. The company also reported an adjusted loss of 3 cents per share, beating the analyst consensus estimate of a loss of 8 cents per share, according to Benzinga Pro. The company raised the full-year 2024 revenue outlook from $605 million to $616 million. SentinelOne shares gained 18.6% to $23.71 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers
Shares of Dolby Laboratories, Inc. (NYSE:DLB) fell during Friday’s session following weak guidance. Dolby Laboratories reported quarterly earnings of 65 cents per share, surpassing the analyst consensus estimate of 53 cents. The company reported quarterly sales of $290.56 million, which topped the analyst consensus estimate of $290.20 million, according to data from Benzinga Pro. Dolby Laboratories said it sees first-quarter earnings between 80 cents and 95 cents per share, versus the $1.08 estimate. The company sees total revenue in a range between $300 million and $330 million, versus the estimate of $353.67 million. Dolby Laboratories shares dropped 8.3% to $80.49 Here are some other
Mobiv Acquisition Corp (the "Company" or "Mobiv") announced that on November 10, 2023, the Company entered into an amendment to that certain (a) Non-Redemption Agreement (the "NRA") dated November 7, 2023, by and among the Company, Mobiv Pte. Ltd., and the Investors (as therein defined), and (b) that certain Securities Purchase Agreement (the "SPA") dated as of November 7, 2023, by and among SRIVARU Holding Limited and the Investors (as therein defined), pursuant to which, in each case, and among other things, the parties thereto extended the term of the NRA and SPA, respectively.This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there
Gainers Heart Test Laboratories, Inc. (NASDAQ:HSCS) shares climbed 96% to $0.2921 after falling over 7% on Tuesday. GAN Limited (NASDAQ:GAN) shares surged 83.9% to $1.64 as the company agreed to be acquired by Sega Sammy Creation for $1.97 per share in cash. MSP Recovery, Inc. (NASDAQ:LIFW) shares climbed 54% to $9.55. Novo Integrated Sciences, Inc. (NASDAQ:NVOS) gained 37.3% to $2.0592. Novo Integrated Sciences recently announced a 1-for-10 reverse stock split of its common stock. Pineapple Energy Inc. (NASDAQ:PEGY) jumped 29% to $0.96. Pineapple Energy is expected to report third-quarter results on Nov. 10. Blade Air Mobility, Inc. (NASDAQ:BLDE) surged 27.3% to $2.89 as the compa
Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))))) (the "Company"), a special purpose acquisition company, announced today that on November 7, 2023, it notified the trustee of the Company's trust account that it was extending the time available to the Company to consummate an initial business combination from November 8, 2023 to December 8, 2023 (the "Extension"). The Extension is the seventh of up to nine one-month extensions permitted under the Company's governing documents. In connection with such Extension, Mobiv Pte. Ltd. (the "Sponsor") will deposit an aggregate of $100,000.00 into the Company's trust account on or before November 8, 2023, on behalf of the Company.
Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))))) ("Mobiv" or the "Company"), a special purpose acquisition company, today provided a business update regarding the planned merger with SRIVARU Holding Limited, a Cayman Islands exempted company ("SRIVARU"), a commercial-stage provider of premium electric motorcycles. Pursuant to the Merger Agreement, Mobiv plans to merge with and into Merger Sub, with Mobiv being the surviving company and a subsidiary of SRIVARU. Upon closing of business combination, Mobiv's common stock and warrants will convert into ordinary shares and warrants of SRIVARU. SRIVARU's ordinary shares and warrants are expected to begin trading on Nasdaq under the new tick
Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))))) ("Mobiv" or the "Company"), a special purpose acquisition company, today announced that Mobiv stockholders voted to approve the previously proposed business combination with SRIVARU Holding Limited, a Cayman Islands exempted company ("SRIVARU"), a commercial-stage provider of premium electric motorcycles, at Mobiv's special meeting of stockholders held yesterday, September 28, 2023 (the "Special Meeting"). The business combination is being implemented pursuant to the Agreement and Plan of Merger dated March 13, 2023, by and among Mobiv, SRIVARU, and Pegasus Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of SRIVARU ("
Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))))) (the "Company"), a special purpose acquisition company, announces that it has filed its Definitive Proxy Statement in connection with the planned business combination with SRIVARU Holding Limited ("SRIVARU"), a commercial-stage provider of premium electric motorcycles. The Company also reports it has entered into a Lock-Up Waiver, effective September 29, 2023, whereby the underwriter of the Company's initial public offering agreed to waive certain lock-up restrictions applicable to up to 100,000 shares of Class B common stock held by the Mobiv Pte. Ltd., in connection with compensation to be paid in connection with the closing of the pl
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Former Tesla Executive, Mohanraj Ramasamy, assumes role as CEO of the combined companies Poised to capture a significant share of the multi-billion-dollar Indian and global EV markets based on surging demand, state-of-the-art technologies and capital-efficient business model Expected to commence trading on Nasdaq under new ticker symbol "SVMH" effective today, December 11, 2023. Delaware, USA and Coimbatore, India, Dec. 11, 2023 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (NASDAQ:SVMH, SVMHW, MOBVU, MOBV, MOBVW))) ("SRIVARU" or the "Company"), a commercial-stage provider of premium electric motorcycles, today provided a business update following the consummation of its recent business c
Newark, Delaware, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))) (the "Company" or "Mobiv") announced that on December 8, 2023, the Company consummated the previously announced business combination with SRIVARU Holding Limited, a Cayman Islands exempted company ("SVH" or "SRIVARU"), and Pegasus Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of the SVH ("Merger Sub"), pursuant to the business combination agreement which was initially entered into on March 13, 2023, among the Company, SVH and Merger Sub, as amended by the first amendment to agreement and plan of merger, dated August 4, 2023 (as amended, the "Merger Agreement"). Pur
Newark, Delaware, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (the "Company" or "Mobiv") announced that on November 10, 2023, the Company entered into an amendment to that certain (a) Non-Redemption Agreement (the "NRA") dated November 7, 2023, by and among the Company, Mobiv Pte. Ltd., and the Investors (as therein defined), and (b) that certain Securities Purchase Agreement (the "SPA") dated as of November 7, 2023, by and among SRIVARU Holding Limited and the Investors (as therein defined), pursuant to which, in each case, and among other things, the parties thereto extended the term of the NRA and SPA, respectively. This press release shall not constitute an offer to s
NEWARK, DE, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))) (the "Company"), a special purpose acquisition company, announced today that on November 7, 2023, it notified the trustee of the Company's trust account that it was extending the time available to the Company to consummate an initial business combination from November 8, 2023 to December 8, 2023 (the "Extension"). The Extension is the seventh of up to nine one-month extensions permitted under the Company's governing documents. In connection with such Extension, Mobiv Pte. Ltd. (the "Sponsor") will deposit an aggregate of $100,000.00 into the Company's trust account on or before November 8, 20
Newark, DE, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (the "Company" or "Mobiv") announced that it intends to enter into a Lock-Up Waiver, to be effective November 7, 2023, with the underwriter of the Company's initial public offering (the "Underwriter") whereby the Underwriter will agree to waive certain lock-up restrictions applicable to up to 2,441,250 shares of Class B common stock and 543,300 shares of Class A common stock held by Mobiv Pte. Ltd., in connection with incentivizing certain investors to acquire shares of the Company's Class A common stock currently subject to the exercise of the Company shareholders' redemption rights, with a view toward withdrawing the ex
DELAWARE, USA, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))) ("Mobiv"), a special purpose acquisition company, announced today that, as of September 30, 2023, the trust value was $61,120,249.39. About Mobiv Acquisition Corp Mobiv Acquisition Corp is a newly incorporated blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with a target business. Mobiv may pursue a business combination target in any industry or geographic region and will invest using the lens of the UN Sustainable Development Goals, which reflect social and envi
Newark, DE , Oct. 06, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))) (the "Company"), a special purpose acquisition company, announced today that, on October 5, 2023, it notified the trustee of the Company's trust account that it was extending the time available to the Company to consummate an initial business combination from October 8, 2023 to November 8, 2023 (the "Extension"). The Extension is the sixth of up to nine one-month extensions permitted under the Company's governing documents. In connection with such Extension, Mobiv Pte. Ltd. (the "Sponsor") will deposit an aggregate of $100,000.00 into the Company's trust account on or before October 8, 2023,
Newark, DE, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))) ("Mobiv" or the "Company"), a special purpose acquisition company, today provided a business update regarding the planned merger with SRIVARU Holding Limited, a Cayman Islands exempted company ("SRIVARU"), a commercial-stage provider of premium electric motorcycles. Pursuant to the Merger Agreement, Mobiv plans to merge with and into Merger Sub, with Mobiv being the surviving company and a subsidiary of SRIVARU. Upon closing of business combination, Mobiv's common stock and warrants will convert into ordinary shares and warrants of SRIVARU. SRIVARU's ordinary shares and warrants are expected
Newark, DE, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))) ("Mobiv" or the "Company"), a special purpose acquisition company, today announced that Mobiv stockholders voted to approve the previously proposed business combination with SRIVARU Holding Limited, a Cayman Islands exempted company ("SRIVARU"), a commercial-stage provider of premium electric motorcycles, at Mobiv's special meeting of stockholders held yesterday, September 28, 2023 (the "Special Meeting"). The business combination is being implemented pursuant to the Agreement and Plan of Merger dated March 13, 2023, by and among Mobiv, SRIVARU, and Pegasus Merger Sub Inc., a Delaware corpor
Newark, Delaware, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))) (the "Company"), a special purpose acquisition company, announces that it has filed its Definitive Proxy Statement in connection with the planned business combination with SRIVARU Holding Limited ("SRIVARU"), a commercial-stage provider of premium electric motorcycles. The Company also reports it has entered into a Lock-Up Waiver, effective September 29, 2023, whereby the underwriter of the Company's initial public offering agreed to waive certain lock-up restrictions applicable to up to 100,000 shares of Class B common stock held by the Mobiv Pte. Ltd., in connection with compensatio