BHAV Acquisition Corp reported that Highbridge Capital Management, LLC beneficially owns 950,000 Class A Ordinary Shares, representing 8.9% of the class based on an aggregate share count of 10,700,000.
The filing states these shares are held by Highbridge-managed funds, including Highbridge Tactical Credit Master Fund, L.P., which holds more than 5% of the outstanding Class A Ordinary Shares. The statement is signed by Kirk Rule on 05/15/2026.
Positive
None.
Negative
None.
Insights
Schedules disclose passive ownership by an investment adviser on behalf of funds.
The Schedule 13G identifies Highbridge Capital Management, LLC as the reporting person and states beneficial ownership of 950,000 shares of Class A Ordinary Shares, equal to 8.9% of a 10,700,000 share class basis. The filing notes holdings are directly held by Highbridge-managed funds.
Because this is a 13G filing, it signals an investor reporting passive investment status rather than an active control intent; future changes in voting or disposition power could require an amended filing.
Highbridge shows a sizable position concentrated in a credit-focused fund.
The statement names Highbridge Tactical Credit Master Fund, L.P. as a fund with rights to dividends or sale proceeds exceeding 5% of Class A shares, implying that the declared 950,000-share stake is held across Highbridge accounts rather than by an individual investor.
Portfolio implications depend on whether holdings are passive; any shift to active voting or disposition could change the market narrative, but the filing records passive ownership as of the signature date 05/15/2026.
Key Figures
Shares held:950,000 sharesPercent of class:8.9%Share class basis:10,700,000 shares+2 more
5 metrics
Shares held950,000 sharesBeneficially owned by Highbridge-managed funds
Percent of class8.9%Based on aggregate 10,700,000 Class A Ordinary Shares reported in prospectus
Share class basis10,700,000 sharesAggregate Class A share count from prospectus and Form 8-K dated March 20, 2026
CUSIPG1R59W101Class A Ordinary Shares CUSIP
Signature date05/15/2026Schedule 13G signed by Kirk Rule
Key Terms
Schedule 13G, Beneficially owned, Sole dispositive power, Highbridge Funds
4 terms
Schedule 13Gregulatory
"This statement is filed by Highbridge Capital Management, LLC"
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.
Beneficially ownedfinancial
"Amount beneficially owned: The information required by Item 4(a)"
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.
Sole dispositive powerregulatory
"Sole Dispositive Power 950,000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Highbridge Fundsfinancial
"investment adviser to certain funds and accounts (the "Highbridge Funds")"
Highbridge reports beneficial ownership of 950,000 Class A Ordinary Shares, equal to 8.9% of the class based on a 10,700,000 share basis. The position is reported on behalf of Highbridge-managed funds and signed on 05/15/2026.
Which Highbridge fund holds more than 5% of BHAV?
Highbridge Tactical Credit Master Fund, L.P. is identified as having the right to receive dividends or proceeds for more than 5% of the outstanding Class A Ordinary Shares, per the Schedule 13G disclosure dated 05/15/2026.
Does the filing indicate Highbridge controls BHAV?
No control is asserted; the Schedule 13G reports beneficial ownership by an investment adviser for funds. The filing includes voting and dispositive power figures showing sole voting and dispositive power over 950,000 shares as reported.
When was the Schedule 13G signed and filed?
The Schedule 13G excerpt is signed by Kirk Rule, Executive Director, with the signature date of 05/15/2026. The ownership percentage is calculated using a 10,700,000 share class basis from company disclosures dated March 20, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BHAV Acquisition Corp
(Name of Issuer)
Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
G1R59W101
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G1R59W101
1
Names of Reporting Persons
Highbridge Capital Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
950,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
950,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
950,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.9 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BHAV Acquisition Corp
(b)
Address of issuer's principal executive offices:
255 Old New Brunswick Rd., Suite N210, Piscataway, NEW JERSEY 08854
Item 2.
(a)
Name of person filing:
This statement is filed by Highbridge Capital Management, LLC ("Highbridge" or the "Reporting Person"), a Delaware limited liability company and the investment adviser to certain funds and accounts (the "Highbridge Funds"), with respect to the Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares") of BHAV Acquisition Corp, a Cayman Islands exempted company (the "Issuer"), directly held by the Highbridge Funds;
The filing of this statement should not be construed as an admission that any of the foregoing persons or the Reporting Person is, for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner of the securities reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of the Reporting Person is 390 Madison Avenue, 28th Floor, New York, NY 10017.
(c)
Citizenship:
Highbridge is a Delaware limited liability company.
(d)
Title of class of securities:
Class A Ordinary Shares, par value $0.0001 per share
(e)
CUSIP Number(s):
G1R59W101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for the Reporting Person and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 10,700,000 shares of Class A Ordinary Shares, as reported in the Company's Prospectus filed pursuant to Rule 424(b)(4) with the Securities and Exchange Commission on March 20, 2026, and in the Company's Current Report on Form 8-K, filed with the Securities and Exchange Commission on March 20, 2026, after giving effect to the completion of the offering and consummation of the simultaneous private placement, all as described therein.
(b)
Percent of class:
8.9%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for the Reporting Person and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for the Reporting Person and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for the Reporting Person and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for the Reporting Person and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a). The Highbridge Funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Class A Ordinary Shares reported herein. Highbridge Tactical Credit Master Fund, L.P., a Highbridge Fund, has the right to receive or the power to direct the receipt of dividends or the proceeds from the sale of more than 5% of the outstanding Class A Ordinary Shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
