BHAV Acquisition Corp. (BHAVU) Prices $100M IPO

BHAV Acquisition Corp. (NASDAQ:BHAVU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BHAVU” on Thursday, March 19, 2026.

The new SPAC plans to combine with a target company in the industrial robotics, EVs, drones, or fintech sectors.

BHAV Acquisition Corp.’s sponsor team is led by Chief Executive Officer Giri Devanur and Chief Financial Officer Chaitanya Kumar Setti. Balaji Swaminathan, Piyush Sadana and John Patrick O’Connell will serve as Independent Directors on its Board.

Total SPAC deal count for 2026 year-to-date is now 57. This offering is expected to close on Friday, March 20, 2026.

Maxim Group LLC is acting as the sole book-running manager for the offering. Mitchell Silberberg & Knup LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust is acting as trustee.