Tavia Acquisition Corp. has entered into a new financing agreement with EarlyBirdCapital, Inc., the representative of its IPO underwriters. Under the terms of the agreement, EarlyBirdCapital will provide Tavia Acquisition Corp. with a non-interest bearing promissory note for up to $300,000. The loan is set to mature on the earlier of either the completion of a business combination or the liquidation of the company’s IPO trust account. If a business combination is not completed, repayment of the note will be made from funds held outside the trust account, as trust account proceeds cannot be used for this purpose. If such funds are insufficient, the note will not be repaid.

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