BHAV Acquisition Corp II

BHAV Acquisition Corp II announced the closing of the issuance and sale of 509,855 Over-Allotment Option Units, generating gross proceeds of $5,098,550.00. Simultaneously, the company consummated the private sale of an additional 5,098 Private Units to its sponsor for $50,980.00. The sponsor also made a small additional contribution to ensure the trust account held $10.05 per Class A Ordinary Share. Additionally, the company issued further representative shares as underwriting compensation.

BHAV Acquisition Corp II announced the closing of its initial public offering (IPO) of 10,000,000 units at $10.00 per unit, generating gross proceeds of $100,000,000. Concurrently, the company closed a private placement of 225,000 private placement units to its sponsor, BHAV Partners II LLC, for $2,250,000. The aggregate proceeds of $102,250,000 have been deposited into a trust account. The company also entered into various material definitive agreements related to the IPO, including an Underwriting Agreement and a Rights Agreement. BHAV Acquisition Corp II is a special purpose acquisition company (SPAC) seeking to complete a business combination.