Business · Companies · 2 hrs ago
BHAV Acquisition Corp II prices $100 million public offering
BHAV Acquisition Corp II priced its initial public offering at $10 per unit.
The company is offering 10 million units, for a total of $100 million.
Each unit includes one Class A ordinary share and a right to receive one-quarter of a share if the company completes an initial business combination.
The offering gives the company funds for a future business combination, though no target is named in the announcement.
BHAV is led by CEO and director Giri Devanur and CFO and director Chaitanya Kumar Setti.
The units are expected to start trading on Nasdaq on October 29 under the symbol BHAIU.
Once the unit components trade separately, the shares and rights are expected to use the symbols BHAI and BHAIR.
BHAV Acquisition Corp II priced a $100 million initial public offering of 10 million units at $10 each.
Each unit consists of one Class A ordinary share and one right to receive one-quarter of a Class A ordinary share when the company completes an initial business combination.
The units are expected to begin trading on Nasdaq on October 29, 2026, under the symbol BHAIU.
When the securities begin separate trading, the shares and rights are expected to trade under the symbols BHAI and BHAIR.
The company is led by Chief Executive Officer and Director Giri Devanur and Chief Financial Officer and Director Chaitanya Kumar Setti.
- Who
- BHAV Acquisition Corp II, led by Giri Devanur and Chaitanya Kumar Setti.
- What
- It priced a $100 million initial public offering of 10 million units at $10 per unit.
- When
- The pricing was announced on October 28, 2026. Trading is expected to begin October 29, 2026.
- Where
- The units are expected to trade on the Nasdaq Global Market.
- Why
- Not stated.
This story does not have two clearly opposing sides.
BHAV Acquisition Corp II announced the pricing of its initial public offering.
The units are expected to begin trading on Nasdaq under the symbol BHAIU.
The Class A ordinary shares and rights are expected to trade separately under the symbols BHAI and BHAIR.
- Offering size
- $100 million
- Units offered
- 10,000,000
- Price per unit
- $10.00
- Unit components
- One Class A ordinary share and one right
- Right entitlement
- One-fourth of one Class A ordinary share upon completion of an initial business combination
- Expected unit ticker
- BHAIU