Leadership & Pay ·
Fog Cutter Holdings LLC purchases sponsorship of Tavia Acquisition Corp., appoints Andrew Wiederhorn as CEO
TAVIRTavia Acquisition Corp.
Tavia Acquisition Corp. completed a change in sponsorship on October 1, 2026, when Fog Cutter Holdings LLC purchased 2,243,333 ordinary shares and 249,107 private units from the previous sponsor for an aggregate consideration not explicitly stated but involving the assumption of trust account funding obligations up to $60,000 per month. Concurrently, officers Kanat Mynzhanov and Askar Mametov resigned, with Mametov also leaving the Board. The Board appointed Andrew Wiederhorn as Executive Chairman and CEO, Kenneth Kuick as CFO, and directors Christopher DeWolfe, Donald Berchtold, Peter Feinstein, and Matthew Green to fill vacancies. Tavia Acquisition Corp. operates in the special purpose acquisition company (SPAC) industry, seeking to merge with or acquire a private operating company.