secwatch.observer — SEC 8-K summary
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Issuer:     BHAV Acquisition Corp (BHAV)
CIK:        0002097288
Form:       8-K
Filed at:   2026-03-20T23:59:59+00:00
Accession:  0001213900-26-032452
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BHAV Acquisition Corp closes $100M IPO; $2M private placement completed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/0001213900-26-032452-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2097288/000121390026032452/ea0282518-8k_bhav.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-032452

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