Corporate ActionApr 14, 2026, 06:36 AM
BHAV Acquisition Corp to Separate Units into Shares & Rights
AI Summary
BHAV Acquisition Corp announced that holders of its units may elect to separately trade the Class A ordinary shares and rights included in the units, effective on or about April 16, 2026. Each unit consists of one Class A ordinary share and one right to acquire one-fourth of a Class A ordinary share. The separated Class A ordinary shares will trade under the symbol "BHAV" and the rights under "BHAVR" on Nasdaq, while unseparated units will continue to trade as "BHAVU."
Key Highlights
- BHAV Acquisition Corp units (BHAVU) will begin separate trading of Class A ordinary shares and rights.
- Separation is effective on or about April 16, 2026.
- Each unit consists of one Class A ordinary share (BHAV) and one right (BHAVR) to acquire one-fourth of a Class A ordinary share.
- Separated Class A ordinary shares will trade as BHAV, and rights as BHAVR on Nasdaq.
- Unseparated units will continue to trade under the symbol BHAVU.
Price Impact
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