--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-26-032452" form_type: "8-K" ticker: "BHAV" cik: "0002097288" company_name: "BHAV Acquisition Corp" filed_at: "2026-03-20T23:59:59+00:00" generated_at: "2026-05-15T09:32:09.456368+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # BHAV Acquisition Corp closes $100M IPO; $2M private placement completed ## Summary - IPO of 10M units at $10/unit grossed $100M; underwriter has 45-day option for 1.5M additional units. - Each unit consists of one Class A ordinary share and one right to receive 1/4 Class A share post-business combination. - Private placement of 200,000 private units at $10/unit to sponsor and at-risk investors raised $2M. - Effective March 19, 2026: Piyush Sadana, John Patrick O'Connell, Balaji Swaminathan appointed independent directors. - Net proceeds of $100M deposited into trust account; funds released only upon business combination or liquidation. ## SEC filing metadata - accession: 0001213900-26-032452 - form_type: 8-K - ticker: BHAV - cik: 0002097288 - company_name: BHAV Acquisition Corp - filed_at: 2026-03-20T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/ea0282518-8k_bhav.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-26-032452 - JSON: https://secwatch.observer/filing/0001213900-26-032452.json - Plain text: https://secwatch.observer/filing/0001213900-26-032452.txt ## Source-grounded claims - claim_id: 5a249915a8a957f082ae382feb53767a3805d7c5 claim: BHAV Acquisition Corp: Adopted Amended Charter in connection with IPO (effective 2026-03-18). evidence_excerpt: Item 5.03. Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal Year In connection with the IPO, the Company adopted its Amended Charter on March 18, 2026. evidence_url: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm - claim_id: 3654a237889bbc2ab84507b712cf182da16d2d7c claim: BHAV Acquisition Corp entered into Letter Agreement with BHAV Partners LLC (Sponsor), officers, directors, board advisor valued at Letter Agreement among Company, officers, directors, board advisor and Sponsor regarding IPO (effective 2026-03-18). evidence_excerpt: ● A Letter Agreement, dated March 18, 2026 (the “Letter Agreement”), by and among the Company, its officers, its directors, its board advisor and BHAV Partners LLC (the “Sponsor”), a copy of which is attached as Exhibit 10.1 hereto and incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm - claim_id: 4ee2341ec2b96758a1f980f5e6e1eb790b2bb8ff claim: BHAV Acquisition Corp entered into Underwriting Agreement with Maxim Group LLC valued at 10,000,000 Units at $10.00/Unit, gross proceeds $100,000,000 (effective 2026-03-18). evidence_excerpt: ● An Underwriting Agreement, dated March 18, 2026, by and between the Company and Maxim Group LLC, as representative of the several underwriters (the “Representative”), a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm - claim_id: 7eb343e0fd6d0ccb530250eebc58c70f391cd422 claim: BHAV Acquisition Corp entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company valued at Trust agreement for IPO proceeds held in trust (effective 2026-03-18). evidence_excerpt: ● An Investment Management Trust Agreement, dated March 18, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit 10.2 hereto and incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm - claim_id: ad694a0ee9f21f5fa7d9255cad8b4129ed208adb claim: BHAV Acquisition Corp entered into Administrative Services Agreement with BHAV Partners LLC (Sponsor) valued at Administrative services agreement with Sponsor (effective 2026-03-18). evidence_excerpt: ● An Administrative Services Agreement, dated March 18, 2026, by and between the Company and the Sponsor, a copy of which is attached as Exhibit 10.6 hereto and incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm - claim_id: e6535c8d6485526328437ce7fceaad896c8f44c5 claim: BHAV Acquisition Corp entered into Rights Agreement with Continental Stock Transfer & Trust Company valued at Each Unit includes one Right entitling holder to receive one-fourth of one Class A Ordinary Share up (effective 2026-03-18). evidence_excerpt: ● A Rights Agreement, dated March 18, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, a copy of which is attached as Exhibit 4.1 hereto and incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm - claim_id: f2617742e3abb89231fb1e6559ec937c0f844f65 claim: BHAV Acquisition Corp entered into Sponsor Private Placement Unit Subscription Agreement with BHAV Partners LLC (Sponsor) valued at Private placement of units to Sponsor (effective 2026-03-18). evidence_excerpt: ● A Sponsor Private Placement Unit Subscription Agreement, dated March 18, 2026 (the “Sponsor Purchase Agreement”), by and between the Company and the Sponsor, a copy of which is attached as Exhibit 10.4 hereto and incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.