PISCATAWAY, N.J., April  14, 2026  (GLOBE NEWSWIRE) -- BHAV Acquisition Corp (NASDAQ:BHAVU) (&#34;BHAV&#34; or the &#34;Company&#34;) today announced that, commencing April 16, 2026, holders of the units sold in the Company&#39;s initial

BHAVU

BHAV Acquisition Corp Announces Separate Trading of its Class A Ordinary Shares and Rights, Commencing April 16, 2026

BHAVU Units Separating into Shares and Rights on April 16, 2026

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>PISCATAWAY, N.J., April  14, 2026  (GLOBE NEWSWIRE) -- BHAV Acquisition Corp (NASDAQ:BHAVU) (&amp;#34;BHAV&amp;#34; or the &amp;#34;Company&amp;#34;) today announced that, commencing April 16, 2026, holders of the units sold in the Company&amp;#39;s initial</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BHAV Acquisition Corp announced that starting April 16, 2026, holders can separate their units into Class A shares and rights, which will trade under new symbols BHAV and BHAVR. This separation marks a significant step towards finalizing the business combination, impacting investor strategies and liquidity for existing units trading as BHAVU.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BHAVU units can be separated into shares and rights starting April 16, 2026.</li><li>Separated shares will trade as BHAV, and rights will be BHAVR on Nasdaq.</li><li>Continued trading for non-separated units will remain under BHAVU.</li><li>Each right allows holders 1/4 of a Class A share upon successful business combination.</li><li>BHAV Acquisition Corp targets advanced robotics, EVs, drones, and fintech industries.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Maxim Group LLC</strong>: Served as the sole book-running manager for the IPO.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under Corporate Developments as it signifies an important milestone for BHAV Acquisition Corp, moving towards its intended business combination and altering the investment landscape for its SPAC units.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Increased trading liquidity expected due to separate share and rights trading.</li><li>Potential interest from investors in robotics and fintech sectors.</li><li>Market sentiment may shift positively as business combination approaches.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Units begin separating into shares and rights on April 16, 2026.</li><li>Class A shares will trade under symbol BHAV; rights under BHAVR.</li><li>Each unit originally offered includes one Class A share and one right.</li><li>A registration statement was effective as of March 18, 2026.</li><li>BHAV focuses on robotics, electric vehicles, drones, and fintech industries.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Buy BHAVU ahead of the unit separation, targeting further upside after trading starts.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>PISCATAWAY, N.J., April  14, 2026  (GLOBE NEWSWIRE) -- BHAV Acquisition Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BHAVU">BHAVU</a>) ("BHAV" or the "Company") today announced that, commencing April 16, 2026, holders of the units sold in the Company's initial public offering may elect to separately trade the Class A ordinary shares and the rights included in those units.</p>  <p align="justify">The Class A ordinary shares and the rights that are separated are expected to trade on the Global Market tier of The Nasdaq Stock Market ("Nasdaq") under the symbols "BHAV" and "BHAVR," respectively. No fractional rights will be issued upon separation of the units and only whole rights will trade.  Any units not separated will continue to trade on Nasdaq under the symbol "BHAVU." Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Company, the Company's transfer agent, in order to separate the units into Class A ordinary shares and rights.</p>  <p align="justify">The units were initially offered by the Company in an underwritten initial public offering. Maxim Group LLC acted as sole-book running manager for the offering. A registration statement on Form S-1, as amended, relating to the securities sold in the offering was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on March 18, 2026. 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 consummation of the Company's initial business combination, subject to the terms described in the Company's registration statement.</p>  <p align="justify">This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, by telephone at (212) 895-3745 or by email at <a href="https://www.globenewswire.com/Tracker?data=SWOlHMmWDnMmYh9CqfqeWaMFZUPcY8Y7XlJk3S_-Vu63TjmHnJ6MU-c6UcrtIzXzqZc4OtMUBgJ_-dnPaHYuHpMt05pkSzR9IMWu5rEj9FxKHaYWCMgutVxXzt3rOP-_KpwXgF_jNv3waJqKxrVFUk6XF5q4waVPkgcFA16eChLTuW_20zytx8OmhHx_UVtYXuovpDJlnG3QpKg0IIdO57wkQzp-lxMEk_u62IGWmYGvjsvuwATsSpxD3QUjuXIwCQ_vSvR-MMGlAvWZssQPPw==" rel="nofollow" target="_blank">syndicate@maximgrp.com</a>, or by accessing the SEC's website, <a href="https://www.globenewswire.com/Tracker?data=jm_5jjb1Tjd9pXnik5zJHw4Tfm6dreAXKbvqNMmT5e-Y2eJpjx3tHXaR_5P72U4Q8EzoeexOfPHyyfw8_jy5gb7EiqSgigfhPMyuZN1yX05OmdDGBAUp3kywtqcta4psOGAV2ZSis-_L_cQBWLkt0RPRg1wdGCZAYrXWZE_DiFevMDHBNyH7RgvN8h4VqbE6znUqbYmuTqUKhKdK_F6Eq9b73sMJzBJLvljTMLQ7xiw=" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p><strong>About BHAV Acquisition Corp<br></br></strong>BHAV Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination opportunity in any industry or sector, but is mainly focused on the advanced and industrial robotics, electric-vehicles, drones and unmanned-aerial-systems or financial technology industries. The Company's management team is led by Giri Devanur, Chief Executive Officer, and Chaitanya Kumar Setti, Chief Financial Officer.</p>  <p><strong>Forward-Looking Statements<br></br></strong>This press release may include "forward-looking statements" within the meaning of the federal securities laws, including statements regarding the anticipated date that the Class A ordinary shares and the rights may begin to trade separately and the ability for those units not separated to continue to trade on Nasdaq. These statements are based on current expectations and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially. For a discussion of these and other risks, please refer to BHAV's filings with the SEC, including those set forth in the "Risk Factors" section of the Company's registration statement and prospectus for the offering filed with the SEC. BHAV undertakes no obligation to update or revise any forward-looking statements, except as required by law.</p>  <p><strong>Contacts</strong><br></br>Giri Devanur<br></br>Chief Executive Officer<br></br>E-mail: giri@bhavspac.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY4OTMyOSM3NTM0MDA2IzIzMTAzNjI="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ODUxY2Y1NWUtNDg3Yy00ZTkzLTkwOTEtMGViN2ZmNTJmZTg4LTEzMjE5MTItMjAyNi0wNC0xNC1lbg==/tiny/BHAV-Acquisition-Corp.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/a33fb381-338a-49f3-8a2f-a78108be68ec"><img src="https://ml.globenewswire.com/media/a33fb381-338a-49f3-8a2f-a78108be68ec/small/bhavu-nasdaq-png.png" border="0" width="150" height="55" alt="Primary Logo"></img></a></p>

BHAV Acquisition Corp announced that starting April 16, 2026, holders can separate their units into Class A shares and rights, which will trade under new symbols BHAV and BHAVR. This separation marks a significant step towards finalizing the business combination, impacting investor strategies and liquidity for existing units trading as BHAVU.

BHAV Acquisition Corp Announces Separate Trading of its Class A Ordinary Shares and Rights, Commencing April 16, 2026

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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