Financing ·
BHAV Acquisition Corp II prices IPO of 10M units at $10 each, raising $100M
BHAIBHAV Acquisition Corp II
BHAV Acquisition Corp II consummated its initial public offering on October 30, 2026, selling 10,000,000 units to the public at $10.00 per unit for gross proceeds of $100,000,000. Simultaneously, the company completed a private placement with sponsor BHAV Partners II LLC, selling 225,000 private units at $10.00 each to raise an additional $2,250,000. A total of $100,500,000 was deposited into a trust account for the benefit of public shareholders. Each unit consists of one Class A ordinary share and one right entitling the holder to acquire one-fourth of a share upon completion of an initial business combination. The company is a blank check entity focused on effecting a merger or acquisition in industries such as robotics, electric vehicles, fintech, and advanced energy technologies.