Karpus Management Reduces Stake in Tavia Acquisition Corp. to 11.93%
Karpus Management, Inc. (doing business as Karpus Investment Management) filed a Schedule 13G/A on June 5, 2026, disclosing a reduced position in Tavia Acquisition Corp. (TAVI). As of the event date on May 29, 2026, the reporting person holds 1,899,052 shares of common stock, representing 11.93% of the class. This reflects a decrease from the previously reported 2,177,202 shares (18.93%). Karpus Management is a registered investment adviser controlled by City of London Investment Group plc (CLIG); however, due to established informational barriers, Karpus exercises independent voting and investment power over these securities. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. Karpus maintains sole voting and dispositive power over all 1,899,052 shares held in its managed accounts. This amendment marks the third update to the original filing for this security.