QualityStocksNewsBreaks – SRIVARU Holding Limited (NASDAQ: SVMH), Mobiv Acquisition Corp Complete Business Combination, Commence Trading
SRIVARU Holding (NASDAQ: SVMH), a commercial-stage provider of premium electric motorcycles, has completed its recent business combination with Mobiv Acquisition Corp. (NASDAQ: MOBV). According to the announcement, Mohanraj Ramasamy, a former Tesla executive, has been named CEO of the combined companies. Shares of the new company are expected to start trading on NASDAQ today under ticker symbol SVMH. The new company combines state-of-the-art technologies and a capital-efficient business model. “We look forward to the next phase of our journey within the U.S. capital markets,” said SRIVARU Holding CEO Mohanraj Ramasamy in the press release. “We believe our unique business model…