Tavia Acquisition Q2 net loss swings to $400,069 from profit
TAVI•Quarterly and six-month results
- Tavia Acquisition posted a net loss of $400,069 for the quarter ended June 30, 2026, swinging from net income of $645,820 a year earlier.
- General and administrative costs rose to $1.28 million from $575,469, while trust account interest fell to $878,340 from $1.22 million.
- Six-month net income slipped to $421,640 from $1.62 million, reflecting $1.94 million of trust interest against $1.52 million of overhead.
Trust account redemptions and business combination update
- Shareholders redeemed about $76.4 million of shares in June, leaving $46.37 million of marketable securities in the trust account.
- Tavia signed a non-binding letter of intent with Vita Inclinata Technologies on July 13 for a proposed business combination.
