Harraden Circle exits BHAV Acquisition Corp (BHAV) with 0% Class A stake
Rhea-AI Filing Summary
BHAV Acquisition Corp received an amended Schedule 13G from Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. reporting that they no longer beneficially own any Class A shares. Following an internal reorganization effective June 30, 2026, their holdings are reported as 0 shares, or 0% of the class.
This amendment is characterized as an exit filing, indicating the reporting persons have ceased to be beneficial owners of more than five percent of BHAV Acquisition Corp’s outstanding Class A common stock.
Positive
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Negative
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Key Figures
Shares beneficially owned: 0 shares
Percent of class owned: 0 %
Effective date of internal reorganization: 06/30/2026
3 metrics
Shares beneficially owned
0 shares
Class A common stock beneficial ownership reported by Harraden Circle Investments, LLC and Mr. Fortmiller
Percent of class owned
0 %
Reported percentage of BHAV Acquisition Corp Class A common stock
Effective date of internal reorganization
06/30/2026
Date after which the reporting persons are no longer beneficial owners of the securities
Key Terms
beneficial owner, Schedule 13G, exit filing, parent holding company, +1 more
5 terms
beneficial owner financial
"have ceased to be the beneficial owners of more than five percent"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Schedule 13G regulatory
"This Amendment is being filed to report that the Reporting Persons"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
exit filing regulatory
"This Amendment constitutes an exit filing for the Reporting Persons."
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
beneficially owned financial
"Amount beneficially owned: 0"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What does the BHAV Schedule 13G/A filing report about Harraden Circle’s stake?
The filing reports that Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. now beneficially own 0 Class A shares of BHAV Acquisition Corp, representing 0% of the outstanding Class A stock.
Why is this BHAV (BHAV) Schedule 13G/A labeled an exit filing?
It is labeled an exit filing because the reporting persons have ceased to be beneficial owners of more than 5% of BHAV Acquisition Corp’s Class A shares and now report 0 shares and 0% ownership.
Who are the reporting persons in the BHAV (BHAV) Schedule 13G/A amendment?
The reporting persons are Harraden Circle Investments, LLC, a Delaware limited liability company, and Frederick V. Fortmiller, Jr., its managing member and a citizen of the United States.
What class of BHAV (BHAV) securities is covered by this Schedule 13G/A?
The amendment relates to BHAV Acquisition Corp’s Class A common stock, identified by CUSIP G1R59W127, with current beneficial ownership reported as 0 shares, or 0% of the class.
AI-generated analysis. How Rhea-AI works. Not financial advice.