Here are the 10-Q quarterly reports from BHAV Acquisition Corp Units (BHAVU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BHAVU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BHAVU filings page.
BHAV Acquisition Corp, a Cayman Islands SPAC, completed its IPO on March 20, 2026, selling 10,000,000 Units at $10.00 each and placing $100,000,000 into a U.S.-based Trust Account. Including interest, trust assets totaled $100,979,443 at June 30, 2026, invested in money market funds holding U.S. Treasuries.
For the three months ended June 30, 2026, BHAV reported net income of $701,173, driven by $891,526 of interest on trust investments and a favorable $62,900 fair-value change on the over-allotment option, partially offset by $251,471 of general and administrative expenses. Six-month net income was $713,174. Outside the trust, BHAV held $692,704 of cash and working capital of $639,188 to fund ongoing search and public-company costs.
Management discloses that limited liquidity outside the trust and the requirement to complete a Business Combination within 15 months of the IPO (by June 20, 2027, or such later date if extended) raise substantial doubt about BHAV’s ability to continue as a going concern. If no Business Combination occurs within this Combination Period, the SPAC must redeem all public shares from the Trust Account and liquidate. As of August 14, 2026, there were 10,700,000 Class A and 3,333,333 Class B ordinary shares outstanding.
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.