Financing ·
BHAV Acquisition Corp II closes $100M IPO and raises $2.25M in private placement
BHAIBHAV Acquisition Corp II
BHAV Acquisition Corp II consummated its initial public offering of 10,000,000 units at $10.00 per unit on October 30, 2026, generating gross proceeds of $100 million. Concurrently, the company sold 225,000 private placement units to its sponsor for $2.25 million. A total of $100.5 million was deposited into a trust account. Three independent directors were appointed to the board effective October 29, 2026. BHAV Acquisition Corp II is a blank check company formed to effect a business combination with one or more businesses.