---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-117643"
form_type: "8-K"
ticker: "BHAV"
cik: "0002097288"
company_name: "BHAV Acquisition Corp"
filed_at: "2026-11-09T23:04:24+00:00"
generated_at: "2026-11-10T11:05:28.138385+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BHAV Acquisition to combine with Nemi/BNC Motors in $400M deal, issuing 40M shares

## Summary
- Definitive agreement dated Nov. 3, 2026; Nemi shareholders receive 40,000,000 newly issued Pubco shares valued at $400 million.
- Post-closing Pubco board has five staggered-class directors; BHAV's Giri Devanur is Chairperson and Nemi's Anirudh Ravi Narayanan becomes CEO.
- Closing conditions include BHAV shareholder approval, Nasdaq listing, regulatory approvals, $30 million Available Closing Cash, and Nemi owning at least 99.74% of BNC.
- Nemi founder/CEO Anirudh Ravi Narayanan and ARN Advisory receive Pubco Class B stock with 10 votes per share; other Nemi shares get one-vote Class A.
- Outside Date is June 20, 2027; either party may terminate if closing conditions are unmet, subject to extension if BHAV shareholders approve.

## SEC filing metadata
- accession: 0001213900-26-117643
- form_type: 8-K
- ticker: BHAV
- cik: 0002097288
- company_name: BHAV Acquisition Corp
- filed_at: 2026-11-09T23:04:24+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2097288/000121390026117643/0001213900-26-117643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2097288/000121390026117643/ea0311273-8k425_bhavacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-117643
- JSON: https://secwatch.observer/filing/0001213900-26-117643.json
- Plain text: https://secwatch.observer/filing/0001213900-26-117643.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.