Vita Inclinata Technologies, a developer of safety, precision and operational performance products for demanding environments, has signed a non-binding letter of intent with Tavia Acquisition Corp. (Nasdaq: TAVI), a London-headquartered special purpose acquisition company, for a business combination that would result in Vita becoming a publicly traded company through a de-SPAC transaction on Nasdaq. The proposed deal values Vita at a pre-money enterprise value of $450 million, contingent on its successful completion of a pending strategic acquisition in the defense and industrials markets.
The parties have entered into a 45-day exclusivity period to conduct due diligence and negotiate a definitive Business Combination Agreement. Tavia expects to announce further details once a definitive agreement is signed, anticipated within the next 30 days, with closing targeted for the fourth quarter of 2026. In connection with executing the LOI, Tavia and Vita are engaged in initial non-binding investment indications from institutional investors and certain strategic partners; firm commitments from those investors would be disclosed concurrently with the signing of a definitive agreement.
Vita Inclinata Technologies is best known for developing load stability and precision positioning systems for helicopter sling loads and hoist operations, used extensively in military, search-and-rescue and industrial lifting applications. Its flagship technology—an autonomous stabilization system that prevents spinning and swinging of suspended loads—has been adopted across defense and commercial aviation markets and positions the company at the intersection of aerospace, defense and advanced engineering. The pending strategic acquisition referenced in the announcement, which underpins the $450 million valuation, is expected to further expand Vita’s portfolio of products and solutions in the defense and industrials sector.
The LOI is non-binding and subject to execution of definitive agreements, completion of due diligence, required regulatory approvals and customary closing conditions, with no assurance that a transaction will be consummated on the terms or timeline currently contemplated.
Support: Cohen & Company Capital Markets is acting as lead financial and capital markets adviser to Tavia, with EarlyBirdCapital also serving as capital markets adviser to Tavia. Greenberg Traurig is serving as legal counsel to Vita, and Reed Smith is serving as legal counsel to Tavia.
KEY QUOTES:
“This is an important step for Vita and reflects the progress our team has made in building a differentiated business. We believe access to the public markets will strengthen our ability to invest in innovation, expand our portfolio of products and solutions, pursue new opportunities, and create long-term value for our customers and shareholders.”
Caleb Carr, Chief Executive Officer, Vita Inclinata Technologies
“Vita has built a distinctive business with innovative products, disciplined execution, and a compelling vision for the future. We believe the company is well positioned for its next stage of growth, and we look forward to advancing this opportunity together.”
Kanat Mynzhanov, CEO and Chairman, Tavia Acquisition Corp.
