Core Viewpoint - BHAV Acquisition Corp successfully closed its initial public offering (IPO) of 10,000,000 units at a price of $10.00 per unit, with the units beginning to trade on Nasdaq under the ticker symbol "BHAVU" on March 19, 2026 [1]. Group 1: Offering Details - Each unit consists of one Class A ordinary share and one right, with each right entitling the holder to receive one-fourth (1/4) of one Class A ordinary share upon the completion of the Company's initial business combination [1]. - An amount equal to $10.00 per unit was deposited into a trust account with Continental Stock Transfer & Trust Company acting as trustee upon the closing of the Offering [1]. - The underwriter has been granted a 45-day option to purchase up to 1,500,000 additional units at the offering price to cover over-allotments [3]. Group 2: Use of Proceeds and Management - BHAV intends to use the net proceeds from the Offering and a simultaneous private placement of units to pursue and consummate a business combination [2]. - The Company is led by Giri Devanur as Chief Executive Officer and Director, and Chaitanya Kumar Setti as Chief Financial Officer and Director [2]. Group 3: Regulatory Information - A registration statement on Form S-1 relating to the securities sold in the Offering was declared effective by the U.S. Securities and Exchange Commission (SEC) on March 18, 2026 [4]. - The Offering was made only by means of a prospectus, which can be obtained from Maxim Group LLC or accessed on the SEC's website [4]. Group 4: Company Overview - BHAV Acquisition Corp is a blank check company, also known as a special purpose acquisition company (SPAC), formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses [6].