Exhibit 99.1
Filed by Mobiv Acquisition Corp.
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-2
under the Securities Exchange Act of 1934
Subject Company: Mobiv Acquisition Corp.
(File No. 001-41464)
Mobiv Acquisition Corp Announces Extension of Deadline to Complete Business Combination
DELAWARE, USA, April 28, 2023 Mobiv Acquisition Corp (Nasdaq: MOBVU, MOBV, MOBVW) (the Company), a special purpose acquisition company, announced today that, on April 24, 2023, it notified the trustee of the Companys trust account that it was extending the time available to the Company to consummate an initial business combination from May 8, 2023 to June 8, 2023 (the Extension). The Extension is the first of up to nine one-month extensions permitted under the Companys governing documents. In connection with such Extension, Mobiv Pte. Ltd. (the Sponsor) will deposit an aggregate of $333,166.50 into the Companys trust account on or before May 8, 2023, on behalf of the Company.
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 environmental mega-trends that are re-shaping our world. https://mobiv.ac/.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains statements that constitute forward-looking statements, including with respect to the Companys search for an initial business combination. No assurance can be given as to the consummation of any business combination or the terms thereof. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and prospectus for the initial public offering filed with the SEC. Copies are available on the SECs website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact:
Mobiv Acquisition Corp
850 Library Avenue, Suite 204
Newark, Delaware 19711
Attn.: Mr. Peter Bilitsch
Chief Executive Officer
Email: peter.bilitsch@mobiv.ac
Tel.: +13027386680
Investor & Media Contact
Crescendo Communications, LLC
Tel: (212) 671-1020
Email: MOBV@Crescendo-IR.com