BHAV Acquisition Corp filings document material-event disclosures for a Cayman Islands SPAC issuer, including 8-K reports, shareholder voting matters, governance matters, risk factors, operating and financial results, and capital-structure information. The records identify the BHAVU unit structure, the related Class A ordinary shares and rights, the Nasdaq-listed security classes, and the company's emerging growth company status.
BHAV Acquisition Corp, a newly formed SPAC, reported its first quarter as a public company for the period ended March 31, 2026. Total assets reached $101,262,057, driven mainly by $100,087,917 of marketable securities held in a trust account for a future business combination.
The company completed its IPO on March 20, 2026, selling 10,000,000 units at $10.00 each and a concurrent private placement of 200,000 units for $2,000,000. After $1,328,871 of transaction costs, $100,000,000 was deposited into the trust.
BHAV generated net income of $12,001, reflecting $87,917 of interest on trust investments and a $31,000 gain on the over-allotment option liability, offset by $106,597 of general and administrative expenses. Cash outside the trust was $1,027,530, with working capital of $824,519 to fund ongoing search and public company costs while it seeks a target in robotics, EVs, drones/UAS or fintech.
BHAV Acquisition Corp, a newly formed SPAC, reported its first quarter as a public company for the period ended March 31, 2026. Total assets reached $101,262,057, driven mainly by $100,087,917 of marketable securities held in a trust account for a future business combination.
The company completed its IPO on March 20, 2026, selling 10,000,000 units at $10.00 each and a concurrent private placement of 200,000 units for $2,000,000. After $1,328,871 of transaction costs, $100,000,000 was deposited into the trust.
BHAV generated net income of $12,001, reflecting $87,917 of interest on trust investments and a $31,000 gain on the over-allotment option liability, offset by $106,597 of general and administrative expenses. Cash outside the trust was $1,027,530, with working capital of $824,519 to fund ongoing search and public company costs while it seeks a target in robotics, EVs, drones/UAS or fintech.
BHAV Acquisition Corp Schedule 13G filed by Polar Asset Management Partners Inc. reports beneficial ownership of 800,000 Class A ordinary shares (CUSIP G1R59W127), representing 7.8% of the class as stated. The filing names Polar as the investment advisor to Polar Multi-Strategy Master Fund.
The statement lists sole voting and dispositive power over the 800,000 shares and is signed by Andrew Ma, Chief Compliance Officer, dated 05/15/2026. The record date shown in the excerpt is 03/31/2026.
BHAV Acquisition Corp Schedule 13G filed by Polar Asset Management Partners Inc. reports beneficial ownership of 800,000 Class A ordinary shares (CUSIP G1R59W127), representing 7.8% of the class as stated. The filing names Polar as the investment advisor to Polar Multi-Strategy Master Fund.
The statement lists sole voting and dispositive power over the 800,000 shares and is signed by Andrew Ma, Chief Compliance Officer, dated 05/15/2026. The record date shown in the excerpt is 03/31/2026.
BHAV Acquisition Corp reports that Meteora Capital, LLC and Vik Mittal collectively hold 844,900 shares of Class A Common Stock, representing 7.90% of the class. The filing states Meteora Funds have shared voting and dispositive power over these shares.
The Schedule 13G names Meteora Capital as investment manager and Vik Mittal as Managing Member and is signed by Mr. Mittal.
BHAV Acquisition Corp reports that Meteora Capital, LLC and Vik Mittal collectively hold 844,900 shares of Class A Common Stock, representing 7.90% of the class. The filing states Meteora Funds have shared voting and dispositive power over these shares.
The Schedule 13G names Meteora Capital as investment manager and Vik Mittal as Managing Member and is signed by Mr. Mittal.
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.
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.
BHAV Acquisition Corp reports a Schedule 13G ownership disclosure. Decagon Asset Management LLP and Benjamin John Durham report beneficial ownership of 990,000 shares of Class A ordinary shares, representing 9.71% of the class as of 03/31/2026.
The filing states shared voting and dispositive power over the 990,000 shares. It also identifies Squarepoint Diversified Partners Fund Limited as a DAM vehicle with rights to dividends or sale proceeds for more than 5% of the class. Signatures are dated 05/07/2026.
BHAV Acquisition Corp reports a Schedule 13G ownership disclosure. Decagon Asset Management LLP and Benjamin John Durham report beneficial ownership of 990,000 shares of Class A ordinary shares, representing 9.71% of the class as of 03/31/2026.
The filing states shared voting and dispositive power over the 990,000 shares. It also identifies Squarepoint Diversified Partners Fund Limited as a DAM vehicle with rights to dividends or sale proceeds for more than 5% of the class. Signatures are dated 05/07/2026.
BHAV ACQUISITION CORP beneficial ownership statement: Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman report shared beneficial ownership of 545,600 Class A ordinary shares as of 03/31/2026. The reported stake represents 5.35% of the class, based on an outstanding share count of 10,200,000 referenced by the issuer. The filing lists the fund-level allocation across eight Magnetar funds (e.g., 130,944 shares for Constellation Master Fund) and states that the Reporting Persons share voting and dispositive power over the reported shares.
BHAV ACQUISITION CORP beneficial ownership statement: Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman report shared beneficial ownership of 545,600 Class A ordinary shares as of 03/31/2026. The reported stake represents 5.35% of the class, based on an outstanding share count of 10,200,000 referenced by the issuer. The filing lists the fund-level allocation across eight Magnetar funds (e.g., 130,944 shares for Constellation Master Fund) and states that the Reporting Persons share voting and dispositive power over the reported shares.
BHAV Partners LLC and Giri Devanur filed an amended beneficial ownership report for BHAV Acquisition Corp, disclosing beneficial ownership of 2,818,333 ordinary shares, representing 20.08% of the issuer’s 14,033,333 ordinary shares outstanding.
The position consists of 2,683,333 Founder Shares, which are automatically convertible into Class A ordinary shares on a one-for-one basis, and 135,000 Class A shares underlying Private Placement Units. Earlier, the sponsor acquired 3,833,333 Founder Shares for $25,000 and later forfeited a total of 1,150,000 Founder Shares.
The sponsor also purchased 135,000 Private Placement Units for $1,350,000, partially funded via reduction of a promissory note. Through a Letter Agreement, the sponsor has waived certain redemption and liquidating distribution rights, agreed to voting commitments in favor of a Business Combination, and accepted transfer restrictions and registration rights tied to its securities.
BHAV Partners LLC and Giri Devanur filed an amended beneficial ownership report for BHAV Acquisition Corp, disclosing beneficial ownership of 2,818,333 ordinary shares, representing 20.08% of the issuer’s 14,033,333 ordinary shares outstanding.
The position consists of 2,683,333 Founder Shares, which are automatically convertible into Class A ordinary shares on a one-for-one basis, and 135,000 Class A shares underlying Private Placement Units. Earlier, the sponsor acquired 3,833,333 Founder Shares for $25,000 and later forfeited a total of 1,150,000 Founder Shares.
The sponsor also purchased 135,000 Private Placement Units for $1,350,000, partially funded via reduction of a promissory note. Through a Letter Agreement, the sponsor has waived certain redemption and liquidating distribution rights, agreed to voting commitments in favor of a Business Combination, and accepted transfer restrictions and registration rights tied to its securities.
BHAV Acquisition Corp insider BHAV Partners LLC reported an internal restructuring involving its founder shares. The Sponsor forfeited 500,000 Class B ordinary shares after the expiration of the underwriters' over-allotment option from the initial public offering. Following this change, the Sponsor holds 2,683,333 Class B ordinary shares, which automatically convert into Class A ordinary shares on a one-for-one basis at the time of BHAV Acquisition Corp's initial business combination, or earlier at the holder's option, and have no expiration date. Giri Devanur, the Issuer's Chief Executive Officer and director, manages the Sponsor and has voting and investment discretion over these securities, and may be deemed a beneficial owner subject to his pecuniary interest.
BHAV Acquisition Corp insider BHAV Partners LLC reported an internal restructuring involving its founder shares. The Sponsor forfeited 500,000 Class B ordinary shares after the expiration of the underwriters' over-allotment option from the initial public offering. Following this change, the Sponsor holds 2,683,333 Class B ordinary shares, which automatically convert into Class A ordinary shares on a one-for-one basis at the time of BHAV Acquisition Corp's initial business combination, or earlier at the holder's option, and have no expiration date. Giri Devanur, the Issuer's Chief Executive Officer and director, manages the Sponsor and has voting and investment discretion over these securities, and may be deemed a beneficial owner subject to his pecuniary interest.
BHAV Acquisition Corp, a Cayman Islands-based special purpose acquisition company, reported that holders of its units will soon be able to trade the underlying securities separately. Each unit consists of one Class A ordinary share and one right to receive one-fourth of a Class A ordinary share upon completion of an initial business combination.
Beginning on or about April 16, 2026, unit holders may elect to separate the Class A ordinary shares and rights. Unseparated units will continue trading on Nasdaq under the symbol BHAVU, while separated Class A ordinary shares and rights are expected to trade under BHAV and BHAVR, respectively. No fractional rights will be issued, and only whole rights will trade.
BHAV Acquisition Corp completed its initial public offering of 10,000,000 units at $10.00 per unit, raising $100,000,000, and a concurrent private sale of 200,000 private placement units for $2,000,000. Each unit includes one Class A ordinary share and one right to receive one-fourth of a Class A share after a future business combination.
BHAV placed $100,000,000, or $10.00 per unit, into a U.S. trust account for the benefit of public shareholders, to be used for a future acquisition or to fund redemptions. The company is a Cayman Islands SPAC focused on advanced and industrial robotics, electric vehicles, drones, unmanned aerial systems and fintech opportunities.