Recent Updates — BHAI

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.

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.