BHAV Acquisition Corp Rights
BHAVR
NASDAQ Global Market0.22
USD
- -
- -
CIK
0002097288
ISIN
KYG1R59W1357
CUSIP
G1R59W135
Return %
Stock
S&P500
1Y
- -
18.02
3Y
- -
64.11
5Y
- -
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Giri Devanur
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 255 Old New Brunswick Rd., Suite N210 Piscataway NJ United States of America 08854
- IPO Date
- Apr 16, 2026
- CIK
- 0002097288
- Website
- bhavspac.com
- Similar Companies
- Business
- BHAV Acquisition Corp Rights is a Cayman Islands–based blank-check SPAC focused on identifying and consummating an initial business combination with a target in the financial services or adjacent sectors. The company operates as a special purpose acquisition vehicle designed to pursue a merger, capital raise, asset acquisition, or other business combination that offers growth potential and strategic value to shareholders. Headquarters are in the United States, with primary listing on Nasdaq for its public securities, including units, Class A ordinary shares, and rights. Main Products and Services - Units, consisting of one Class A ordinary share and one right to acquire a fraction of a Class A share, offered in an initial public offering; separate trading of units from underlying securities begins upon separation. - Class A ordinary shares (post-separation) representing an equity stake in the post-business combination company. - Rights to acquire additional Class A ordinary shares at a fixed ratio upon consummation of the initial business combination. - Trust-based holding structure for funds raised in the IPO, dedicated to financing the initial business combination and related transaction expenses. - Advisory and acquisition screening services through a SPAC framework, including due diligence coordination, capital deployment planning, and post-merger integration support (as part of sponsor-led activities). Latest Major Company Changes - Closure of an initial public offering in 2026, raising approximately $100 million in proceeds for the trust and ongoing SPAC activities. - Separation of trading between the underlying Class A ordinary shares and rights, with separate tickers established for BHAV (Class A ordinary shares) and BHAVR (rights) alongside BHAVU for the unseparated units, enabling differentiated liquidity and ownership tracking. - Initiation of separate trading for Class A ordinary shares and rights on Nasdaq following the IPO’s closing, expanding investor access and instrument specificity. - Ongoing announcements related to potential business combinations, strategic reviews, and target screening processes typical of SPAC lifecycle activities. Additional Context - Industry: Blank-check SPAC; business segments include SPAC formation, capital raising, target screening, due diligence coordination, and eventual execution of a merger or acquisition. - Target markets: Broad public markets investors; potential qualifying companies across financial services, fintech, and adjacent industries seeking public listing through a reverse merger. - Geographic operations: Initially focused on the U.S. market with a structure enabling cross-border investment consideration; principal operations and listing activity are Nasdaq-based. - Founding year and headquarters: Formed in 2020s; headquarters in the United States with incorporation tied to the Cayman Islands SPAC structure; primary listing on Nasdaq. - Subsidiaries/parent relationships: Sponsored by an affiliated SPAC sponsor group; holds assets in a trust account during the search for a target; no operating subsidiaries until a business combination is completed.